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The Journal of Philosophical Economics : Reflections on Economic and Social Issues, Vol.VIII. No.2 Svibanj 2015.

Izvorni znanstveni članak

A review of the Granger-causality fallacy

Mariusz Maziarz

Puni tekst: engleski, pdf (620 KB) str. 86-105 preuzimanja: 934* citiraj
APA 6th Edition
Maziarz, M. (2015). A review of the Granger-causality fallacy. The Journal of Philosophical Economics, VIII. (2), 86-105. Preuzeto s https://hrcak.srce.hr/155919
MLA 8th Edition
Maziarz, Mariusz. "A review of the Granger-causality fallacy." The Journal of Philosophical Economics, vol. VIII., br. 2, 2015, str. 86-105. https://hrcak.srce.hr/155919. Citirano 17.12.2018.
Chicago 17th Edition
Maziarz, Mariusz. "A review of the Granger-causality fallacy." The Journal of Philosophical Economics VIII., br. 2 (2015): 86-105. https://hrcak.srce.hr/155919
Harvard
Maziarz, M. (2015). 'A review of the Granger-causality fallacy', The Journal of Philosophical Economics, VIII.(2), str. 86-105. Preuzeto s: https://hrcak.srce.hr/155919 (Datum pristupa: 17.12.2018.)
Vancouver
Maziarz M. A review of the Granger-causality fallacy. The Journal of Philosophical Economics [Internet]. 2015 [pristupljeno 17.12.2018.];VIII.(2):86-105. Dostupno na: https://hrcak.srce.hr/155919
IEEE
M. Maziarz, "A review of the Granger-causality fallacy", The Journal of Philosophical Economics, vol.VIII., br. 2, str. 86-105, 2015. [Online]. Dostupno na: https://hrcak.srce.hr/155919. [Citirano: 17.12.2018.]

Sažetak
Methods used to infer causal relations from data rather than knowledge of mechanisms are most helpful and exploited only if the theoretical background is insufficient or experimentation impossible. The review of literature shows that when an investigator has no prior knowledge of the researched phenomenon, no result of the Granger-causality test has any epistemic utility due to different possible interpretations. (1) Rejecting the null in one of the tests can be interpreted as either a true causal relation, opposite direction of the true causation, instant causality, time series cointegration, not frequent enough sampling, etc. (2) Bi-directional Granger causality can be read either as instant causality or common cause fallacy. (3) Non-rejection of both nulls possibly means either indirect or nonlinear causality, or no causal relation.

Ključne riječi
Granger-causality; epistemology of causality; causality testing

Hrčak ID: 155919

URI
https://hrcak.srce.hr/155919

Posjeta: 1.643 *