Date: 01/05/10 Time: 11:17
Sample: 1993 2008
Included observations: 15
Series: LNGDP LNIFA LNTR LNSCG
Lags interval: No lags
Selected (0.05 level*) Number of Cointegrating Relations by Model
Data Trend: None None Linear Linear Quadratic
Test Type No Intercept Intercept Intercept Intercept Intercept
No Trend No Trend No Trend Trend Trend
Trace 2 3 3 2 2
Max-Eig 2 3 2 2 2
*Critical values based on MacKinnon-Haug-Michelis (1999)
Information Criteria by Rank and Model
Data Trend: None None Linear Linear Quadratic
Rank or No Intercept Intercept Intercept Intercept Intercept
No. of CEs No Trend No Trend No Trend Trend Trend
Log Likelihood by Rank (rows) and Model (columns)
0 67.90846 67.90846 93.00313 93.00313 110.2366
1 106.4018 106.9250 132.0185 136.5752 151.1796
2 137.5580 145.0494 151.4441 159.4771 165.4610
3 141.7849 156.1074 157.2834 165.6667 169.0596
4 141.8240 159.1985 159.1985 169.2640 169.2640
Akaike Information Criteria by Rank (rows) and Model (columns)
0 -9.054461 -9.054461 -11.86708 -11.86708 -13.63155
1 -13.12024 -13.05667 -16.00247 -16.47669 -18.02395
2 -16.20773 -16.93991 -17.52588 -18.33029 -18.86146*
3 -15.70465 -17.21432 -17.23778 -17.95556 -18.27461
4 -14.64320 -16.42646 -16.42646 -17.23519 -17.23519
Schwarz Criteria by Rank (rows) and Model (columns)
0 -9.054461 -9.054461 -11.67827 -11.67827 -13.25392
1 -12.74262 -12.63184 -15.43603 -15.86305 -17.26869
2 -15.45248 -16.09025 -16.58181 -17.29181 -17.72858*
3 -14.57177 -15.93982 -15.91609 -16.49226 -16.76410
4 -13.13269 -14.72714 -14.72714 -15.34706 -15.34706


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