Specification: linear deterministic trend | |||||
Variables | Hypothesized No. of CE(s) | Fisher Stat.* (from trace test) | 0 Prob. | Fisher Stat.* (from max-eigen test) | 0 Prob. |
GDP % | None | 110.2 | 0 | 76.63 | 0 |
At most 1 | 54.4 | 0.008 | 38.07 | 0.2126 | |
At most 2 | 35.36 | 0.3125 | 24.75 | 0.8159 | |
At most 3 | 27.76 | 0.6813 | 27.76 | 0.6813 | |
per capita | None | 132.6 | 0 | 115.9 | 0 |
At most 1 | 49.47 | 0.0251 | 41.78 | 0.1156 | |
At most 2 | 26.2 | 0.7545 | 21.95 | 0.9087 | |
At most 3 | 21.88 | 0.9105 | 21.88 | 0.9105 |