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Journal of Shipping and Trade

Table 7 Short-run test of causality.

From: Effect of shipping trade on economic growth in Nigeria: the Vector Error Correction Model (VECM) approach

 

[D_LnGDP]LD.LnImp = 0

[D_LnGDP]LD.LnExp = 0

[D_LnGDP]LD.LnExc = 0

chi2(1)

4.81

4.62

0.08

Prob > chi2

0.0282

0.0315

0.3488

Decision

Reject Null Hypothesis

Reject Null Hypothesis

Accept Null Hypothesis

Test

Equations

(1)

[D_LnGDP]LD.LnImp = 0

(2)

[D_LnGDP]LD.LnExp = 0

(3)

[D_LnGDP]LD.LnExc = 0

(4)

[D_LnGDP]L2D.LnImp = 0

(5)

[D_LnGDP]L2D.LnExp = 0

(6)

[D_LnGDP]L2D.LnExc = 0

chi2(6) = 

13.45

Prob > chi2 = 

0.0364 (Reject Null Hypothesis)

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