Hypothesized No. of CE(s) | Eigenvalue | Max-EigenStatistic | 0.05 Critical Value | Prob. |
None | 0.167013 | 34.35462*** | 14.26460 | 0.0000 |
At most 1 | 0.029321 | 5.594751** | 3.841466 | 0.0180 |