Global Journal of Human Social Science, E: Economics, Volume 22 Issue 2

Source: Plotted by author Figure 6: Autocorrelations Hansen-Doornik Vector Error Correction residual normality test verified that only component 2 of the Chi-square value of skewness is rejected for normality but all other values of kurtosis and Jarque- Bera are accepted for normality. Table 12: Normality test Component Skewness Chi-square Degree of freedom Probability 1 -0.226283 0.292548 1 0.5886 2 -0.880496 3.849867 1 0.0497 3 -0.373644 0.782211 1 0.3765 4 -0.135275 0.105336 1 0.7455 5 -0.114754 0.075891 1 0.7829 6 -0.519435 1.470931 1 0.2252 Joint 6.576784 6 0.3618 Component Kurtosis Chi-square Degree of freedom Probability 1 3.644874 3.465186 1 0.0627 2 2.960164 1.726110 1 0.1889 3 3.516051 2.174090 1 0.1404 4 2.545372 0.062207 1 0.8030 5 3.383664 2.563333 1 0.1094 6 2.768483 0.008646 1 0.9259 Joint 9.999573 6 0.1247 Component Jarque-Bera Degree of freedom Probability 1 3.757734 2 0.1528 2 5.575977 2 0.0615 3 2.956301 2 0.2281 4 0.167543 2 0.9196 5 2.639224 2 0.2672 6 1.479578 2 0.4772 Joint 16.57636 12 0.1662 Source: Calculated by author Volume XXII Issue II Version I 68 ( ) Global Journal of Human Social Science - Year 2022 © 2022 Global Journals E Determinants of U.S. Grants, Credits and Assistances to India during Bretton Woods