Included observations: 27 after adjustments |
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Trend assumption: Linear deterministic trend |
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Series: LOG_HDI LOG_FOREIGNAID LOG_FDI LOG_POP LOG_TRADE | ||||
Lags interval (in first differences): 1 to 1 |
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Unrestricted Cointegration Rank Test (Trace) |
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Hypothesized |
| Trace | 0.05 |
|
No. of CE(s) | Eigenvalue | Statistic | Critical Value | Prob.** |
None* | 0.796398 | 95.93298 | 69.81889 | 0.0001 |
At most 1* | 0.635319 | 52.96009 | 47.85613 | 0.0154 |
At most 2 | 0.429517 | 25.72433 | 29.79707 | 0.1372 |
At most 3 | 0.297876 | 10.57000 | 15.49471 | 0.2394 |
At most 4 | 0.037130 | 1.021585 | 3.841466 | 0.3121 |