Hypothesized No. of CE (s) | Max-Eigen Statistic | 0.05 Critical Value | Probability Value |
None | 126.1878 | 52.36261 | 0.0000 |
At most 1 | 88.18396 | 46.23142 | 0.0000 |
At most 2 | 83.99862 | 40.07757 | 0.0000 |
At most 3 | 71.30912 | 33.87687 | 0.0000 |
At most 4 | 29.58975 | 27.58434 | 0.0273 |
At most 5 | 18.17090 | 21.13162 | 0.1236 |
At most 6 | 11.15506 | 14.26460 | 0.1466 |
At most 7 | 0.000273 | 3.841466 | 0.9889 |