From: Estimating long-run equilibrium real exchange rates: short-lived shocks with long-lived impacts on Pakistan
H0:
H1:
Test
0.05 Critical
Prob. **
Statistics
Values
λtrace
Λtrace
r=0*
r>0
100.250
88.803
0.005
r≤1
r>1
57.500
63.876
0.153
r≤2
r>2
32.093
42.915
0.383
r≤3
r>3
13.002
25.782
0.738
r≤4
r>4
4.975
12.517
0.599