on 5. We ran a Vector-autoregresive model with five variables: with dtrade (change in trade balance), drex (change in real exchange rate), diipuk (change in Index of UK Industrial production), diipus ((change in Index of US Industrial production) and doilpr (change in Index of Oil price Index) and the result from Granger Causality test is as follows: Granger causality Tests Results: Equati Excl uded 2 df x² 1st Equation: Dependent Variable: Dtrade Dtrade Dtrade k Dtrade S Dtrade Drex e Drex Drex Drex k Drex Diipu Diipu S Doilpr ALL Dtrad chi Diipu Diipu Doilpr 10. 72 Dtrade 48 2nd Equation: Dependent Variable: Drex 13. 333 13. 719 27. 028 61. 616 0.7 97 9.6 46 3.7 41 12 3.2 33 12 12 12 12 12 12 12 Prob > 0.034 0.345 0.319 0.008 0.09 0.053 0.074 0.022 0.352
on 5. We ran a Vector-autoregresive model with five variables: with dtrade (change in trade balance), drex (change in real exchange rate), diipuk (change in Index of UK Industrial production), diipus ((change in Index of US Industrial production) and doilpr (change in Index of Oil price Index) and the result from Granger Causality test is as follows: Granger causality Tests Results: Equati Excl uded 2 df x² 1st Equation: Dependent Variable: Dtrade Dtrade Dtrade k Dtrade S Dtrade Drex e Drex Drex Drex k Drex Diipu Diipu S Doilpr ALL Dtrad chi Diipu Diipu Doilpr 10. 72 Dtrade 48 2nd Equation: Dependent Variable: Drex 13. 333 13. 719 27. 028 61. 616 0.7 97 9.6 46 3.7 41 12 3.2 33 12 12 12 12 12 12 12 Prob > 0.034 0.345 0.319 0.008 0.09 0.053 0.074 0.022 0.352
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Expert Solution
Step 1: Write the given information.
Equation | Excluded | df | ||
1st Equation: Dependent Variable: Dtrade | ||||
Dtrade | Drex | 10.72 | 12 | 0.034 |
Dtrade | Diipuk | 13.333 | 12 | 0.035 |
Dtrade | Diipus | 13.719 | 12 | 0.319 |
Dtrade | Doilpr | 27.028 | 12 | 0.009 |
Dtrade | ALL | 61.616 | 48 | 0.09 |
2nd Equation: Dependent Variable: Drex | ||||
Drex | Dtrade | 0.797 | 12 | 0.053 |
Drex | Diipu | 9.646 | 12 | 0.074 |
Drex | Diipu | 3.741 | 12 | 0.022 |
Drex | Doilpr | 3.233 | 12 | 0.352 |
Drex | ALL | 9.079 | 48 | 0.003 |
3rd Equation: Dependent Variable: Diipuk | ||||
Diipuk | Dtrade | 12.81 | 12 | 0.383 |
Diipuk | Drex | 9.1439 | 12 | 0.691 |
Diipuk | Diipus | 16.191 | 12 | 0.183 |
Diipuk | Doilpr | 16.563 | 12 | 0.167 |
Diipuk | ALL | 55.94 | 48 | 0.201 |
4th Equation: Dependent Variable: Diipus | ||||
Diipus | Dtrade | 10.43 | 12 | 0.578 |
Diipus | Drex | 17.203 | 12 | 0.142 |
Diipus | Diipuk | 27.782 | 12 | 0.006 |
Diipus | Doilpr | 17.83 | 12 | 0.121 |
Diipus | ALL | 77.076 | 48 | 0.005 |
5th Equation: Dependent Variable: Doilpr | ||||
Doilpr | Dtrade | 8.2979 | 12 | 0.761 |
Doilpr | Drex | 14.613 | 12 | 0.263 |
Doilpr | Diipuk | 14.898 | 12 | 0.247 |
Doilpr | Diipus | 29.551 | 12 | 0.003 |
Doilpr | ALL | 70.335 | 48 | 0.019 |
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