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Teece,

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Obs 23

F-Statistic

Probability

0.25355 1.46432

0.77877 0.25750

27

Appendix

Pairwise Granger Causality Tests Sample: 1970 2002

GDPGR does not Granger Cause FDI FDI does not Granger Cause GDPGR

Null Hypothesis:

Pairwise Granger Causality Tests Date: 04/28/06 Time: 13:17 Sample: 1980 2002 Lags: 2

1. Results of the Pairwise Granger Causality Tests

Nigeria

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