1 Cointegrating Equation(s): Log likelihood 21.76120
Normalized cointegrating coefficients (standard error in parentheses)
LOGKAOPEN LOGPCGDP @TREND(83)
1.000000 0.581836 -0.090967
(0.59746) (0.03078)
Adjustment coefficients (standard error in parentheses)
D(LOGKAOPEN) -0.764327
(0.18159)
D(LOGPCGDP) 0.230084
(0.16034)