Table 10 The Johansen tests for cointergration in the domestic energy sector
Maximum rank | Number of parameters | LL | Eigen value | Trace statistic | 5 % critical value |
|---|---|---|---|---|---|
0 | 12 | 719.087 | 39.135 | 29.68 | |
1 | 17 | 735.062 | 0.201 | 7.184* | 15.41 |
2 | 20 | 738.444 | 0.046 | 0.422 | 3.76 |
3 | 21 | 738.654 | 0.003 |