Table 4 The Johansen tests for cointergration in the external food market
Maximum rank | Number of parameters | LL | Eigen value | Trace statistic | 5 % critical value |
|---|---|---|---|---|---|
0 | 12 | 931.484 | 34.602 | 29.68 | |
1 | 17 | 942.186 | 0.134 | 13.197* | 15.41 |
2 | 20 | 948.514 | 0.085 | 0.542 | 3.76 |
3 | 21 | 948.785 | 0.004 |