Unrestricted Co-integration Rank Test (Maximum Eigen Values) | Prob.** | |||
Hypothesized No. of CE(s) | Eigenvalue Statistic | Maximum Eigen Statistic | 0.05 Critical Value | |
None * | 0.325538 | 20.129320 | 14.03742 | 0.0326 |
At most 1 | 0.001773 | 0.005569 | 3.91286 | 0.4138 |
At most 2 | 0.000213 | 0.004639 | 3.84462 | 0.6730 |
At most 3 | 0.000143 | 0.004897 | 3.79466 | 0.9289 |
At most 4 | 0.001774 | 0.005568 | 3.91286 | 0.4138 |