Null Hypothesis:

Obs

F-Statistic

Prob.

RFIR does not Granger Cause CCJ

18

3.5501

0.0588

CCJ does not Granger Cause RFIR

18

0.3339

0.7220

CDLR does not Granger Cause CCJ

18

3.5817

0.0576

CCJ does not Granger Cause CDLR

18

0.3184

0.7328