Table 3 Johansen Cointegration Test
From: Stock market and macroeconomic variables: new evidence from India
Hypothesis | Eigenvalue | Trace Statistic | Max-Eigen Statistic |
|---|---|---|---|
r = 0 | 0.172 | 98.22a | 68.81a |
r ≤ 1 | 0.071 | 43.47 | 47.85 |
From: Stock market and macroeconomic variables: new evidence from India
Hypothesis | Eigenvalue | Trace Statistic | Max-Eigen Statistic |
|---|---|---|---|
r = 0 | 0.172 | 98.22a | 68.81a |
r ≤ 1 | 0.071 | 43.47 | 47.85 |