표 10 공적분에 대한 Johansen 검정

Hypothesized No. of CE(s)	Eigenvalue	Trace	5% Critical Value	Prob.**
None *	0.86355	125.73270	95.75366	0.00010
At most 1	0.51340	58.01286	69.81889	0.30140
At most 2	0.39141	33.52254	47.85613	0.52810
At most 3	0.25173	16.63787	29.79707	0.66660
At most 4	0.14330	6.77800	15.49471	0.60360
At most 5	0.04370	1.51916	3.84147	0.21770
Hypothesized No. of CE(s)	Eigenvalue	Max-Eigen	5% Critical Value	Prob.**
None *	0.86355	67.71981	40.07757	0.00000
At most 1	0.51340	24.49032	33.87687	0.42030
At most 2	0.39141	16.88467	27.58434	0.58990
At most 3	0.25173	9.85987	21.13162	0.75770
At most 4	0.14330	5.25884	14.26460	0.70890
At most 5	0.04370	1.51916	3.84147	0.21770