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