The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 7 Panel pairwise granger causality tests
From: Causal effect of mergers and acquisitions on EU bank productivity
Null Hypothesis | Obs | F-Statistic | Prob. |
|---|---|---|---|
lnK1 does not Granger Cause lnQ | 1099 | 23.6069 | 9. E−11*** |
lnQ does not Granger Cause lnK1 | 4.92614 | 0.0074** | |
lnK2 does not Granger Cause lnQ | 1099 | 19.4910 | 5. E−09*** |
lnQ does not Granger Cause lnK2 | 8.62601 | 0.0002*** | |
lnL does not Granger Cause lnQ | 1099 | 10.9973 | 2. E−05*** |
lnQ does not Granger Cause lnL | 4.73764 | 0.0089** | |
lnK2 does not Granger Cause lnK1 | 1099 | 0.88350 | 0.4136 |
lnK1 does not Granger Cause lnK2 | 8.66642 | 0.0002*** | |
lnL does not Granger Cause lnK1 | 1099 | 3.59800 | 0.0277** |
lnK1 does not Granger Cause lnL | 15.5165 | 2. E−07*** | |
lnL does not Granger Cause lnK2 | 1099 | 1.29441 | 0.2745 |
lnK2 does not Granger Cause lnL | 1.96337 | 0.1409 |