An Empirical Study on Relationship between Residents’ Disposable Income and CPI Based on TVECM: Application of Bootstrap SupLM Testing for Threshold Cointegration

Table 8

Granger test results of threshold cointegration mechanism.

Original hypothesis	The first mechanism		The second mechanism
	values	Conclusion	values	Conclusion
CPI is not the Granger cause of SR	0.026	Rejected	0.190	Rejected
SR is not the Granger cause of CPI	0.106	Accepted	0.035	Accepted