Table 12 Short run causality from REM to FD: Wald Test
From: Do remittances promote financial development in Africa?
Dependent variables | CRD | BDP | M2 |
|---|---|---|---|
Inde: REM(lags) | |||
F-statistic | 0.4228 | 0.6475 | 0.8419 |
Prob | 0.7922 | 0.6288 | 0.4988 |
Chi square | 1.6912 | 2.5899 | 3.3676 |
Prob > chi 2 | 0.7923 | 0.6286 | 0.4983 |