The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
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 variables | Independent variables | Chi square value | Probability value | Implication |
|---|---|---|---|---|
FT | FDI | 24.75064 | 0.0008 | Causality exists |
FDI | FT | 28.63891 | 0.0002 | Causality exists |