Rank

Trace statistic

Critical value

p-value

Eigenvalue

0*

1*

2*

3*

4

5*

444.1103

155.9466

65.5717

34.3072

14.3214

3.9785

95.7541

69.8187

47.8564

29.7976

15.4948

3.8415C

0.0010

0.0010

0.0010

0.0143

0.0746

0.0461

0.1150

0.0376

0.0132

0.0084

0.0044

0.0017