Table 10 Wald test results for Eq. (6).
From: Triggering economic growth to ensure financial stability: case study of Northern Cyprus
Endogenous variable | Exogenous variable | Chi square | Probability |
|---|---|---|---|
Employment | RGDP | 0.022738 | 0.9887 |
Total capital | 0.071440 | 0.9649 | |
Consumption | 0.003977 | 0.9980 | |
Public debt | 1.523140 | 0.4669 | |
Investment | 0.085578 | 0.9581 | |
Gov. expenditure | 0.325629 | 0.8497 | |
Net exports | 0.281735 | 0.8686 | |
REER | 1.628713 | 0.4429 |