Original hypothesis | Eigenvalue | Trace (P) | λ-Max Eigenvalue (P) |
---|---|---|---|
No co-integration vector | 1.0000 | 338.3943 (0.0001) | 267.6401 (0.0001) |
At most one co-integration variable | 0.9870 | 70.7542 (< 0.0001) | 47.7566 (< 0.0001) |
At most two co-integration variable | 0.7941 | 22.9976 (0.0006) | 17.389 (0.0037) |
At most three co-integration variable | 0.3998 | 5.6147 (0.0212) | 5.6147 (0.0212) |