二楼的兄台可还在？我按你说的计算出两个表，第一个表是否说明没有协整方程，反正这两个我看不懂呀！怎么办？

Date: 04/11/08   Time: 09:10

Sample: 1985 2006

Included observations: 20

Test assumption: Linear deterministic trend in the data

Series: A LEX LIM

Lags interval: 1 to 1

Likelihood

5 Percent

1 Percent

Hypothesized

Eigenvalue

Ratio

Critical Value

Critical Value

No. of CE(s)

 0.670206

 33.46726

 29.68

 35.65

      None *

 0.358742

 11.28153

 15.41

 20.04

   At most 1

 0.112860

 2.395057

  3.76

  6.65

   At most 2

 *(**) denotes rejection of the hypothesis at 5%(1%) significance level

 L.R. test indicates 1 cointegrating equation(s) at 5% significance level

 Unnormalized Cointegrating Coefficients:

A

LEX

LIM

 2.315103

-0.363764

-0.148466

 0.234168

 0.624851

-0.703826

 0.598596

 0.064298

-0.374174

 Normalized Cointegrating Coefficients: 1 Cointegrating Equation(s)

A

LEX

LIM

C

 1.000000

-0.157126

-0.064129

-11.50421

 (0.04609)

 (0.05192)

 Log likelihood

 16.24725

 Normalized Cointegrating Coefficients: 2 Cointegrating Equation(s)

A

LEX

LIM

C

 1.000000

 0.000000

-0.227706

-11.46000

 (0.01634)

 0.000000

 1.000000

-1.041055

 0.281378

 (0.07734)

 Log likelihood

 20.69049

Date: 04/11/08   Time: 09:19

 Sample(adjusted): 1987 2006

 Included observations: 20 after adjusting endpoints

 Standard errors & t-statistics in parentheses

A

LEX

LIM

A(-1)

 1.005394

 4.759920

 2.750155

 (0.23692)

 (2.45395)

 (2.86976)

 (4.24352)

 (1.93970)

 (0.95832)

A(-2)

-0.244743

-1.571345

 0.512643

 (0.22219)

 (2.30133)

 (2.69127)

(-1.10151)

(-0.68280)

 (0.19048)

LEX(-1)

 0.042331

 0.452862

 0.020553

 (0.03058)

 (0.31673)

 (0.37040)

 (1.38428)

 (1.42980)

 (0.05549)

LEX(-2)

-0.024543

-0.406753

-0.156812

 (0.02648)

 (0.27426)

 (0.32074)

(-0.92686)

(-1.48307)

(-0.48891)

LIM(-1)

-0.000938

 0.077395

 0.383941

 (0.02876)

 (0.29788)

 (0.34835)

(-0.03263)

 (0.25982)

 (1.10216)

LIM(-2)

 0.028582

 0.127901

-0.091913

 (0.03061)

 (0.31706)

 (0.37078)

 (0.93371)

 (0.40340)

(-0.24789)

C

 2.889795

-36.05601

-36.02240

 (1.26210)

 (13.0722)

 (15.2872)

 (2.28967)

(-2.75822)

(-2.35638)

 R-squared

 0.989716

 0.948890

 0.921116

 Adj. R-squared

 0.984970

 0.925301

 0.884707

 Sum sq. resids

 0.027956

 2.999037

 4.101468

 S.E. equation

 0.046373

 0.480307

 0.561692

 F-statistic

 208.5176

 40.22557

 25.29966

 Log likelihood

 37.34991

-9.404360

-12.53490

 Akaike AIC

-3.034991

 1.640436

 1.953490

 Schwarz SC

-2.686484

 1.988942

 2.301996

 Mean dependent

 14.01144

 11.31654

 11.17714

 S.D. dependent

 0.378249

 1.757362

 1.654235

 Determinant Residual Covariance

 2.25E-05

 Log Likelihood

 21.88802

 Akaike Information Criteria

-0.088802

 Schwarz Criteria

 0.956717