Skip to main content

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