选赏300，判断下列案例是否存在协整方程及原因

Date: 08/26/09   Time: 10:04   
Sample (adjusted): 1997 2007   
Included observations: 11 after adjustments   
Trend assumption: Quadratic deterministic trend   
Series: ZHENSHIDSCY ZHENSHIRENMINBIWANGANG     
Lags interval (in first differences): 1 to 1   
   
Unrestricted Cointegration Rank Test (Trace)   
   
Hypothesized  Trace 0.05
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**
   
None 0.7834545647725843 17.78058760733161 18.39771484783471 0.0608465170027904
At most 1 0.08282974994348944 0.9510838055027243 3.841465500940405 0.3294427552089705
   
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 0.7834545647725843 16.82950380182889 17.14768783746055 0.0555511598127803
At most 1 0.08282974994348944 0.9510838055027243 3.841465500940405 0.3294427552089705
   
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):     
   
ZHENSHIDSCY ZHENSHIRENMINBIWANGANG   
-5.918561171214497e-05 2.928461146866971e-05   
0.0001294723515787947 1.001991625248531e-06   
   
   
Unrestricted Adjustment Coefficients (alpha):     
   
D(ZHENSHIDSCY) 1016.569996428079 -710.6341576699783  
D(ZHENSHIRENMINBIWANGANG) -54060.4764696416 -13358.29631921936  
   
   
1 Cointegrating Equation(s):   Log likelihood -233.2780856090508
   
Normalized cointegrating coefficients (standard error in parentheses)   
ZHENSHIDSCY ZHENSHIRENMINBIWANGANG   
1 -0.4947927481276758   
0.09809531256476564   
   
Adjustment coefficients (standard error in parentheses)   
D(ZHENSHIDSCY) -0.06016631708680872   
0.06104295122045859   
D(ZHENSHIRENMINBIWANGANG) 3.199602369305753   
1.315051185420449

Trace test indicates no cointegration at the 0.05 level    就是说从秩检验的结果来看在5%的显著水平不存在协整方程。
Max-eigenvalue test indicates no cointegration at the 0.05 level 说明从最大特征根的检验结果来看在5%的显著水平不存在协整方程。
综上两种检验结果显示，变量之间不存在协整方程。

这是什么软件生成的啊？

3# robinlyf
eviews

2# huidy54
为什么不使用10%的显著水平呢?

啊，来晚一步钱没拿到

5# nlm0402
这个P值应该是和麦金农有什么关系吧！具体我也不清楚。我觉得这个概率值和正常的假设检验的概率值的计算还是有点差别的。