Unrestricted Cointegration Rank Test (Trace) | ||||
Hypothesized |
| Trace | 0.05 |
|
No. of CE(s) | Eigenvalue | Statistic | Critical Value | Prob.** |
None * | 0.993 | 143.290 | 69.819 | 0.0000 |
At most 1 * | 0.664 | 54.827 | 47.856 | 0.0008 |
At most 2 * | 0.578 | 35.197 | 29.797 | 0.0098 |
At most 3 * | 0.522 | 19.659 | 15.494 | 0.0339 |
At most 4 * | 0.298 | 6.358 | 3.842 | 0.0461 |