Variables

Hypothesized

Egien Value

Trace Statistic

5% Critical Value

No. of CE(s)

lnGDP and lnEX

None

0.5123

30.5526

25.8721

At most 1

0.2108

7.5743

12.5180

lnGDP and lnIM

None

0.4175

21.1230

12.3209

At most 1

0.1128

3.8315

4.1299