Hypothesized No. of CE(s)

Eigenvalue

Max-Eigen Statistic

0.05 Critical Value

Prob**

None*

0.803648

27.43188

21.13162

0.0050

At most 1*

0.671312

19.22970

14.26460

0.00724

At most 2*

0.195547

3.818324

3.841466

0.0550