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Table 2. Granger causality SALES <strong>and</strong> <strong>GDP</strong> 1861-2000<br />
Filter<br />
Direction of causality<br />
D2 (4-8 years)<br />
Inconclusive<br />
D3 (8-16 years)<br />
<strong>GDP</strong>=>SALES***<br />
***p
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