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Table 6 The Trace Test (Private 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

0.314177

56.92152

47.85613

0.0056

r ≤ 1

r ≥ 2

0.235122

30.89915

29.79707

0.0372

r ≤ 2

r ≥ 3

0.162720

12.40449

15.49471

0.1385

r ≤ 3

r ≥ 4

0.002177

0.150350

3.841466

0.6982