This paper introduces a kernel-based non-parametric inferential procedure to test for Granger causality in distribution. This test is a multivariate extension of the kernel-based Granger causality test in tail event introduced by Hong, Liu, and Wang (2009). The main advantage of this test is its ability to examine a large number of lags, with higher-order lags discounted. In addition, our test ...

abstract in this paper, we examine relationship between financial intermediary development variables and values added of agricultural sector in iran during 1352 to 1385. the five indices derived from the banking system as a financial intermediary development indicators, that define in related to the agricultural sector, and with the introduction of statistic methods of factor analysis and its a...

The paper examines the causal nexus between financial development, economic growth and poverty reduction in India during 1951-2008. The empirical analysis is based on cointegration and causality test. The cointegration test finds the presence of long run equilibrium relationship between financial development, economic growth and poverty reduction. The Granger causality test at the end confirms ...