Table 4 The Trace Test (Total BL Eq.)
From: The impact of bank lending on Palestine economic growth: an econometric analysis of time series data
Hypothesis | Eigen value | Trace Statistic | 5% Critical Value | Probability | |
|---|---|---|---|---|---|
H0 | H1 | ||||
r = 0 | r ≥ 1 | 0.315004 | 55.25620 | 47.85613 | 0.0086 |
r ≤ 1 | r ≥ 2 | 0.241633 | 29.15060 | 29.79707 | 0.0592 |
r ≤ 2 | r ≥ 3 | 0.131562 | 10.06602 | 15.49471 | 0.2757 |
r ≤ 3 | r ≥ 4 | 0.004814 | 0.332934 | 3.841466 | 0.5639 |