Y,X1,X4一阶单整,我对其进行Johansen协整检验,得到如下结果
Unrestricted Cointegration Rank Test (Trace)
Hypothesized Trace 0.05
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**
None 0.465000 28.71481 42.91525 0.5792
At most 1 0.234463 11.82663 25.87211 0.8238
At most 2 0.157048 4.612833 12.51798 0.6526
Trace test indicates no cointegration at the 0.05 level
* denotes rejection of the hypothesis at the 0.05 level
**MacKinnon-Haug-Michelis (1999) p-values
这是说没有协整方程吗?为什么呢?或者接下来怎么办?