Table 3 Granger causality test Lag = 2
From: An impact assessment of the COVID-19 pandemic on Japanese and US hotel stocks
Null hypothesis | Obs | F-Statistic | Prob. |
|---|---|---|---|
DCASES does not Granger Cause LRFJT | 552 | 2.37 | 0.09 |
DCASES does not Granger Cause LRIMP | 552 | 1.11 | 0.33 |
DCASES does not Granger Cause LRRYL | 552 | 0.26 | 0.77 |
DCASES does not Granger Cause LRKYT | 552 | 0.77 | 0.46 |
DCASES does not Granger Cause LROL | 552 | 0.80 | 0.45 |
DCASES does not Granger Cause LRSB | 552 | 2.69 | 0.07 |
DCASES does not Granger Cause LRKRT | 552 | 3.95 | 0.02 |
DCASES does not Granger Cause LRCHH | 604 | 0.12 | 0.89 |
DCASES does not Granger Cause LRH | 604 | 0.82 | 0.44 |
DCASES does not Granger Cause LRHLT | 604 | 0.48 | 0.62 |
DCASES does not Granger Cause LRIHG | 604 | 0.38 | 0.68 |
DCASES does not Granger Cause LRMAR | 604 | 0.15 | 0.86 |
DCASES does not Granger Cause LRWH | 604 | 0.47 | 0.62 |
DCASES does not Granger Cause LRMGM | 604 | 0.28 | 0.76 |