Hypothesized no of CE(s) | Eigenvalue | Trace Statistic | Critical Value (5%) | Prob.** |
None* | 0.325617 | 64.21504 | 52.36261 | 0.0021 |
At most 1 | 0.208028 | 38.01639 | 46.23142 | 0.287 |
At most 2 | 0.186779 | 33.70055 | 40.07757 | 0.2189 |
At most 3 | 0.141716 | 24.90978 | 33.87687 | 0.3911 |
At most 4 | 0.092595 | 15.83817 | 27.58434 | 0.6795 |
At most 5 | 0.07364 | 12.46829 | 21.13162 | 0.5022 |
At most 6 | 0.040772 | 6.785164 | 14.2646 | 0.5149 |
At most 7 | 0.003572 | 0.583252 | 3.841466 | 0.445 |