| Null Hypothesis: | Obs | Wald test | P-value |
| lnK does not Granger Cause Y | 231 | 75.8470 | 0.0000 |
| lnL does not Granger Cause Y | 231 | 174.9802 | 0.0000 |
| lv does not Granger Cause Y | 231 | 47.6095 | 0.0000 |
| E does not Granger Cause Y | 231 | 321.4745 | 0.0000 |