Hypothesized No. of CE (s)

Eigenvalue

Trace Statistic

0.05 Critical Value

Prob.**

None *

0.809734

34.125

29.79707

0.0149

At most 1

0.513246

10.89436

15.49471

0.2181

At most 2

0.056512

0.814398

3.841466

0.3668