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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Journal of Economic Structures Cover Image

Table 9 Result of VEC Granger causality/block exogeneity Wald test for FDI and FT.

From: How far is FDI relevant to India’s foreign trade growth? An empirical investigation

Dependent variablesIndependent variablesChi square valueProbability valueImplication
FTFDI 24.75064 0.0008Causality exists
FDIFT 28.63891 0.0002Causality exists