Discussion on How to Do Granger Causality Test;

This paper, based on Granger causality test in a vector autoregressive process, empirically analyzed the money supply in China.

Then Granger Causality Test was made to prove that increase rate of overmuch currency is the cause of CPI and CPI, on the other hand, cannot act as the cause of increase of increase rate of overmuch currency in China, thus indicating that central bank control of the development of economy by adjusting currency supply remains to be of practical significance.

The paper chooses the data of M1, the amount of finished fixed asset investments (FIX), the amount of retail consumables (CONS) and daily Shanghai Composite Indices (SZZZ), and uses the VAR model and methods of variance decomposition and Granger test, to explore the relationship between the changes of macro economic variables in China and the Shanghai Composite Indices.

By employing the co-integration test and the Granger-causality test,the authors make an authentic analysis of the relationship between economic growth and employment of Inner Mongolia,the result of which indicates that there existed a stable co-integration relationship between economic growth and employment of Inner Mongolia during the y.

The paper uses the Granger-causality test to analyze the two-way causality between logistics development and economic growth in Zhejiang Province,and finds out that they are the cause for each other,namely there are interaction relationship between logistics development and economic growth at the present in Zhejiang Province.

Based on the collection of the annual housing price in Nanjing and real effective exchange rate(REER) of RMB from 1997 to 2008,this paper establishes the error correction model and carries out the Granger-causality test on the relation between the RMB exchange rate and housing price.

This paper analyzed the relation between informal finance development and the economic growth using the co-integration and Granger causality and so on,meanwhile discussed the influence of the formal financial development to the economic growth.

To this end,some econometric methods such as cointegration,Granger causality tests,IRF and variance decomposition are used to analyze the data from 1978 to 2004.

Banking System,Stock Market and Fixed Asset Investment——Granger Causality Tests Based on a Three-Factor VAR Model;

The paper using data from 1978 to 2005,researches dynamic relativity and causality between urbanization and heavy industry development from positive view,by co-integration analysis and Granger causality test.

The Granger causality test shows that the adjustment of economical structure is the important reason of economic fluctuation,but the economic fluctuation has no obvious effect on the structural change.