On spurious Granger causality

By Zonglu He, Koichi Maekawa. 2001

105 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

What is Global Excess Liquidity, and Does it Matter? (2006, background): “[Insert Table 3 here] be non-stationary this would have potentially given rise to spurious causation (see, for example, He and Maekawa, 2001).”
Where Can Tourism-Led Growth and Economy-Driven Tourism Growth Occur? (2019, methodology): “…we applied a refined causality test proposed by Toda and Yamamoto (1995) to overcome the pretest biases with the traditional Granger causality test (He and Maekawa 2001; Shan and Wilson 2001) by incorporating extra lags into the model to test hypotheses expressed as restrictions on the parameters…”
Bankers on the Boards of German Firms: What They Do, What They are Worth, and Why They are (Still) There (2010, unknown): “Second, we perform a unit-root test for all our dependent variables and find that we can reject the hypothesis of a unit-root for all of them (not shown in the tables; see He and Maekawa (2001) for a discussion of spurious Granger causality for integrated processes).”