Table 7 Wald test results for Eq. (3).
From: Triggering economic growth to ensure financial stability: case study of Northern Cyprus
Endogenous variable | Exogenous variable | Chi square | Probability |
|---|---|---|---|
Total capital | RGDP | 32.67045 | 0.0000 |
Consumption | 48.26082 | 0.0000 | |
Public debt | 13.91186 | 0.0010 | |
Employment | 56.15025 | 0.0000 | |
Investment | 67.57881 | 0.0000 | |
Gov. expenditure | 24.84544 | 0.0000 | |
Net exports | 4.433685 | 0.1090 | |
REER | 9.154405 | 0.0103 |