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Table 2 The Granger causality test for relevant variables

From: The impact of relative energy prices on industrial energy consumption in China: a consideration of inflation costs

Null hypothesis Statistics Null hypothesis Statistics Null hypothesis Statistics
Y → C1 2.0037 (2) [0.1638] ΔY→ΔC1 2.8246 (5) [0.0927***] Y → C2 2.8302 (2) [0.0854***]
S → C1 0.8978 (2) [0.4249] ΔS→ΔC1 3.8512 (5) [0.0449**] S → C2 3.5116 (1) [0.0749***]
E → C1 4.1082 (2) [0.0339**] E→C2 3.4185 (2) [0.0552***] T → C1 4.0765 (2) [0.0347**]
T → C2 2.0846 (2) [0.1534] ΔT→ΔC2 0.5987 (2) [0.5607] P → C1 2.6105 (2) [0.1011]
ΔP → ΔC1 0.6759 (2) [0.5218] P→C2 1.8399 (2) [0.1875] ΔP → ΔC2 0.2398 (2) [0.7894]
P → Y 16.9391 (1) [0.0005*] P→S 4.7373 (2) [0.0222**] P → E 3.2816 (4) [0.0491**]
P → T 2.4996 (4) [0.0982***]
  1. *, **, *** Rejection of the null hypothesis at the 10, 5 and 1 % levels, respectively
  2. Consists of the F statistic (the lag phase) [the P value]