Unrestricted Cointegration Rank Test (Trace)

Hypothesized No. of CE (s)

Trace Statistic

0.05 Critical Value (Trace)

None

13.64039

15.49471

At most 1

0.261131

3.841466

Unrestricted Cointegration Rank Test (Maximum Eigenvalue)

Hypothesized No. of CE (s)

Maximum Eigenvalue

0.05 Critical Value (Max)

None

13.37926

14.26460

At most 1

0.261131

3.841466