Table 11 Granger non-causality test.
Variables | Z-bar | p-value |
|---|---|---|
GDP → GVC | −3.1047 | 0.0016 |
EM → GVC | 3.0167 | 0.0026 |
IQ → GVC | 2.1305 | 0.0331 |
DGT → GVC | 3.0523 | 0.0023 |
NRR → GVC | 9.0898 | 0.0000 |
Variables | Z-bar | p-value |
|---|---|---|
GDP → GVC | −3.1047 | 0.0016 |
EM → GVC | 3.0167 | 0.0026 |
IQ → GVC | 2.1305 | 0.0331 |
DGT → GVC | 3.0523 | 0.0023 |
NRR → GVC | 9.0898 | 0.0000 |