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Table 3 Results of Johansen cointegration test

From: Rubber world price transmission to Ivorian producer prices: an analysis in the presence of structural breaks

r

LR

10% critical value

5% critical value

1% critical value

r = 0

66.13***

42.41

45.76

52.48

r ≥ 1

10.07

21.13

23.71

29.06

  1. Lag length for the test was chosen by Schwarz information criterion (SIC) and VAR residuals analysis; ***rejection of the null hypothesis at 1% significance level