no. the null hypothesis would be: X does not granger cause Y or the other way.
Also, you accept or reject your null hypothesis depending on the level of
if P value < Significance level, then Null hypothesis would be rejected.
Working Paper No. 471
The Bank of Englands forecasting
platform: COMPASS, MAPS, EASE
and the suite of models
Stephen Burgess, Emilio Fernandez-Corugedo,
Charlotta Groth, Richard Harrison, Francesca Monti,
Konstantinos Theodoridis and Matt Waldron
PhD synopsis for Tafadzwa Ruzive.
The Finance-Growth Nexus: A case of the BRICS economies 1990-2010
The growth in the BRICS is believed to be multi-faceted and among some of the questions
that have been asked is that of the role of financial market develo