|
| LNCONSUMER GOODS | Trace | Critical | Probability | ||
| Cointergrating Vectors | Eigenvalues | |||||
| Null | Alternative | |||||
| 1 | r = 0 | r = 1 | 0.49 | 119.10 | 95.75 | 0.00 |
| 2 | r ≤ 1 | r = 2 | 0.35 | 70.23 | 69.82 | 0.05 |
| 3 | r ≤ 2 | r = 3 | 0.25 | 38.64 | 47.86 | 0.27 |
| 4 | r ≤ 3 | r = 4 | 0.16 | 17.93 | 29.80 | 0.57 |
| 5 | r ≤ 4 | r = 5 | 0.06 | 5.25 | 15.49 | 0.78 |
| 6 | r ≤ 5 | r = 6 | 0.01 | 0.70 | 3.84 | 0.40 |
|
| LNINTERMEDIATE GOODS | Trace | Critical | Probability | ||
| Cointergrating Vectors | Eigenvalues | |||||
| Null | Alternative | |||||
| 1 | r = 0 | r = 1 | 0.45 | 109.59 | 95.75 | 0.00 |
| 2 | r ≤ 1 | r = 2 | 0.32 | 66.26 | 69.82 | 0.09 |
| 3 | r ≤ 2 | r = 3 | 0.24 | 37.80 | 47.86 | 0.31 |
| 4 | r ≤ 3 | r = 4 | 0.17 | 18.06 | 29.80 | 0.56 |
| 5 | r ≤ 4 | r = 5 | 0.06 | 4.83 | 15.49 | 0.83 |
| 6 | r ≤ 5 | r = 6 | 0.01 | 0.56 | 3.84 | 0.45 |
|
| LNCAPITAL GOODS | Trace | Critical | Probability | ||
| Cointergrating Vectors | Eigenvalues | |||||
| Null | Alternative | |||||
| 1 | r = 0 | r = 1 | 0.45 | 114.19 | 95.75 | 0.00 |
| 2 | r ≤ 1 | r = 2 | 0.34 | 70.06 | 69.82 | 0.05 |
| 3 | r ≤ 2 | r = 3 | 0.23 | 39.26 | 47.86 | 0.25 |
| 4 | r ≤ 3 | r = 4 | 0.17 | 20.07 | 29.80 | 0.42 |
| 5 | r ≤ 4 | r = 5 | 0.08 | 6.74 | 15.49 | 0.61 |
| 6 | r ≤ 5 | r = 6 | 0.01 | 0.75 | 3.84 | 0.39 |
|
| LNIMPORTS | Trace | Critical | Probability | ||
| Cointergrating Vectors | Eigenvalues | |||||
| Null | Alternative | |||||
| 1 | r = 0 | r = 1 | 0.41 | 96.75 | 95.75 | 0.04 |
| 2 | r ≤ 1 | r = 2 | 0.30 | 58.10 | 69.82 | 0.30 |
| 3 | r ≤ 2 | r = 3 | 0.17 | 31.79 | 47.86 | 0.62 |
| 4 | r ≤ 3 | r = 4 | 0.12 | 18.44 | 29.80 | 0.53 |
| 5 | r ≤ 4 | r = 5 | 0.08 | 8.92 | 15.49 | 0.37 |
| 6 | r ≤ 5 | r = 6 | 0.03 | 2.54 | 3.84 | 0.11 |