Table 6 Wald test results for Eq. (2).
From: Triggering economic growth to ensure financial stability: case study of Northern Cyprus
Endogenous variable | Exogenous variable | Chi square | Probability |
|---|---|---|---|
RGDP | Total capital | 3.479104 | 0.1756 |
Consumption | 7.120228 | 0.0284 | |
Public debt | 1.389247 | 0.4993 | |
Employment | 12.55859 | 0.0019 | |
Investment | 8.445932 | 0.0147 | |
Gov. expenditure | 8.168042 | 0.0168 | |
Net exports | 0.840334 | 0.6569 | |
REER | 4.718188 | 0.0945 |