Date: 05/17/10   Time: 23:09   
Sample: 1991:04 2010:04   
Included observations: 224   
Test assumption: Linear deterministic trend in the data   
Series: SH SZ     
Lags interval: 1 to 4   
   
Likelihood 5 Percent 1 Percent Hypothesized
Eigenvalue Ratio Critical Value Critical Value No. of CE(s)
   
0.065936  17.74057  15.41  20.04       None *
0.010928  2.461399   3.76   6.65    At most 1
   
*(**) 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:   
   
SH SZ   
4.16E-05  8.36E-06   
-0.000249  6.78E-05   
   
   
Normalized Cointegrating Coefficients: 1 Cointegrating Equation(s)   
   
SH SZ C  
1.000000  0.200843 -2502.577  
  (0.71189)   
   
Log likelihood -3106.615