Date: 01/20/11 Time: 15:38
Sample (adjusted): 5 182
Included observations: 178 after adjustments
Trend assumption: Linear deterministic trend
Series: DLGS DLGF
Lags interval (in first differences): 1 to 2
Unrestricted Cointegration Rank Test (Trace)
Hypothesized Trace 0.05
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**
None * 0.324570 105.9835 15.49471 0.0001
At most 1 * 0.183728 36.13528 3.841466 0.0000
Trace test indicates 2 cointegrating eqn(s) at the 0.05 level
* denotes rejection of the hypothesis at the 0.05 level
**MacKinnon-Haug-Michelis (1999) p-values
Unrestricted Cointegration Rank Test (Maximum Eigenvalue)
Hypothesized Max-Eigen 0.05
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**
None * 0.324570 69.84817 14.26460 0.0000
At most 1 * 0.183728 36.13528 3.841466 0.0000
Max-eigenvalue test indicates 2 cointegrating eqn(s) at the 0.05 level
* denotes rejection of the hypothesis at the 0.05 level
**MacKinnon-Haug-Michelis (1999) p-values
Unrestricted Cointegrating Coefficients (normalized by b'*S11*b=I):
DLGS DLGF
-475.4632 448.4459
-7.886501 108.6853
Unrestricted Adjustment Coefficients (alpha):
D(DLGS) 0.002950 -0.007477
D(DLGF) -0.000348 -0.008228
1 Cointegrating Equation(s): Log likelihood 1152.197
Normalized cointegrating coefficients (standard error in parentheses)
DLGS DLGF
1.000000 -0.943177
(0.02342)
Adjustment coefficients (standard error in parentheses)
D(DLGS) -1.402559
(0.65097)
D(DLGF) 0.165241
(0.69617)
哪位高手能看懂这份检验报告哈,谢谢了,最后的表达式怎么看呢,我是新手请指教哈,嘿嘿,谢谢了!