Table 7 Granger causality test.
From: Do capital inflows affect domestic bank credit? Empirical evidence from India
Causal flow | χ2-Statistics | Causal flow | χ2-Statatistics |
|---|---|---|---|
LnBcredit to FDI | 1.289 | LnFDI to Bcredit | 17.373*** |
LnBcredit to FPI | 2.360 | LnFDI to FPI | 30.194*** |
LnBcredit to LOAN | 4.343 | LnFDI to Loan | 13.309*** |
LnBcredit to ALL | 8.383 | LnFDI to All | 68.623*** |
LnFPI to Bcredit | 1.043 | LnLoan to Bcredit | 0.504 |
LnFPI to FDI | 1.141 | LnLoan to FDI | 2.833 |
LnFPI to Loan | 3.800 | LnLoan to FPI | 21.642** |
LnFPI to All | 5.123 | LnLoan to All | 37.464** |