Null hypothesis | Eigenvalue | Maximum eigenvalue statistic | Statistics thresholds | Prob. | Conclusions |
The number of co-integration equation | Eigen value | Max-Eigen statistic | 5% significance level | ||
None | 0.26 | 19.04 | 14.27 | 0.0082 | Reject the null hypothesis |
Up to 1 | 0.04 | 2.21 | 3.84 | 0.1368 | Accept the null hypothesis |