下列信息是否存在协整方程?为什么?-经管之家官网！

在使用JJ协整的时候,遇到下列问题:两个2阶单整的变量,做JJ协整结果如下:说是没有协整方程,但是下面给出的方程是什么呢?如
ZSNMLYSR ZSLCPCK
1.000000 -2.20E-07 (6.2E-08)
Unrestricted Cointegration Rank Test (Trace)
Hypothesized Trace 0.05
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**

None 0.549979 14.95860 15.49471 0.0601
At most 1 * 0.361151 5.377055 3.841466 0.0204

Trace test indicates no cointegration at the 0.05 level
* denotes rejection of the hypothesis at the 0.05 level
**MacKinnon-Haug-Michelis (1999) p-values

Unrestricted Cointegration Rank Test (Maximum Eigenvalue)

Hypothesized Max-Eigen 0.05
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**

None 0.549979 9.581544 14.26460 0.2409
At most 1 * 0.361151 5.377055 3.841466 0.0204

Max-eigenvalue test indicates no cointegration at the 0.05 level
* denotes rejection of the hypothesis at the 0.05 level
**MacKinnon-Haug-Michelis (1999) p-values

Unrestricted Cointegrating Coefficients (normalized by b'*S11*b=I):

ZSNMLYSR ZSLCPCK
-0.682985 1.50E-07
0.759934 -3.39E-07

Unrestricted Adjustment Coefficients (alpha):

D(ZSNMLYSR) 0.389564 -1.375571
D(ZSLCPCK) -3040252. -3500499.

1 Cointegrating Equation(s): Log likelihood -225.3043

Normalized cointegrating coefficients (standard error in parentheses)
ZSNMLYSR ZSLCPCK
1.000000 -2.20E-07
(6.2E-08)

Adjustment coefficients (standard error in parentheses)
D(ZSNMLYSR) -0.266067
(0.64574)
D(ZSLCPCK) 2076446.
(1796050)