Number of Cointegration Equations per Model (significance at 5%) | |||||
Data Trend: | None | None | Linear | Linear | Quadratic |
Type of Test | No intercept No trend | No intercept No trend | No intercept No trend | No intercept No trend | No intercept No trend |
Ratio of likelihood | 3 | 2 | 3 | 3 | 3 |
Optimal proper value | 3 | 3 | 3 | 3 | 3 |