No. Cointegration Equation (s) | Eigen value | Trace statistics | Critical value (0.05) | Probability** |
0* | 0.014225 | 241.9711 | 159.5297 | 0.0000 |
1* | 0.012606 | 179.9079 | 125.6154 | 0.0000 |
2* | 0.009070 | 124.9534 | 95.75366 | 0.0001 |
3* | 0.007827 | 85.48172 | 69.81889 | 0.0017 |
4* | 0.006487 | 51.44157 | 47.85613 | 0.0222 |
5 | 0.002623 | 23.24770 | 29.79707 | 0.2341 |
6 | 0.002037 | 11.87047 | 15.49471 | 0.1633 |
7 | 0.000701 | 3.037789 | 3.841466 | 0.0813 |