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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