Number of Conintegration Equations by Model (significance at 5%)

Data Trend:

None

None

Linear

Linear

Quadratic

Type de Test

No Intercept No Trend

Intercept No Trend

No Intercept No Trend

Intercept With Trend

Intercept With Trend

Likelihood Ratio

4

4

4

4

4

Maximum Proper Value

3

4

4

4

4