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Table 14 The results of the Granger Causality Test

From: The impact of bank lending on Palestine economic growth: an econometric analysis of time series data

The direction of Granger Causality Total BL Equation
Decision
Private BL Equation
Decision
Public BL Equation
Decision
K ➩ GDP No Causality No Causality No Causality
GDP ➩ K No Causality No Causality No Causality
L ➩ GDP No Causality No Causality No Causality
GDP ➩ L No Causality No Causality No Causality
BL ➩ GDP No Causality No Causality No Causality
GDP ➩ BL Causality No Causality Causality
L ➩ K No Causality No Causality No Causality
K ➩ L No Causality No Causality No Causality
BL ➩ K No Causality No Causality No Causality
K ➩ BL No Causality No Causality No Causality
BL ➩ L No Causality No Causality No Causality
L ➩ BL No Causality No Causality No Causality