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Table 8 The Trace Test (Public 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

0.357418

61.71907

47.85613

0.0015

r ≤ 1

r ≥ 2

0.240828

31.20304

29.79707

0.0342

r ≤ 2

r ≥ 3

0.161745

12.19168

15.49471

0.1480

r ≤ 3

r ≥ 4

0.000258

0.017824

3.841466

0.8937