Hypothesized No. of CE (s) | Eigenvalue | Trace Statistic | 0.05 Critical Value | Prob.** |
None* | 0.489583 | 32.72825 | 29.79707 | 0.0223 |
At most 1 | 0.250123 | 11.87992 | 15.49471 | 0.1628 |
At most 2 | 0.090970 | 2.956687 | 3.841466 | 0.0855 |