| Number of Conintegration Equations by Model (significance at 5%) | |||||
| Data Trend: | None | None | Linear | Linear | Quadratic |
| Type de Test | No Intercept No Trend | Intercept No Trend | No Intercept No Trend | Intercept With Trend | Intercept With Trend |
| Likelihood Ratio | 4 | 4 | 4 | 4 | 4 |
| Maximum Proper Value | 3 | 4 | 4 | 4 | 4 |