Hypothesized No. of CE(s) | Eigenvalue | Max-Eigen Statistic | 0.05 Critical Value | Prob.** |
None* | 0.804430 | 53.85061 | 40.07757 | 0.0008 |
At most 1* | 0.723615 | 42.43672 | 33.87687 | 0.0038 |
At most 2 | 0.469000 | 20.88880 | 27.58434 | 0.2830 |
At most 3 | 0.345819 | 14.00423 | 21.13162 | 0.3647 |
At most 4 | 0.231059 | 8.670448 | 14.26460 | 0.3146 |
At most 5 | 0.071030 | 2.431404 | 3.841466 | 0.1189 |