怎么看协整检验结果,如下:
Date: 06/09/10 Time: 14:55
Sample: 2001:01 2010:04
Included observations: 107
Test assumption: Linear deterministic trend in the data
Series: P DM1JDM2
Lags interval: 1 to 4
Likelihood 5 Percent 1 Percent Hypothesized
Eigenvalue Ratio Critical Value Critical Value No. of CE(s)
0.135515 18.87517 15.41 20.04 None *
0.030313 3.293704 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:
P DM1JDM2
5.93E-06 2.776018
0.000108 -1.773204
Normalized Cointegrating Coefficients: 1 Cointegrating Equation(s)
P DM1JDM2 C
1.000000 467961.0 3589.707
(2154230)
Log likelihood -453.6662
感激流涕了!