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Table 8 Johansen fisher panel Co integration tests

From: Do remittances promote financial development in Africa?

No. Of CE(s) Fishers statistics
Series   Trace test Prob Maximum Eigen value Prob No. of obs
BDP: REM None 160.9 0.0000 142.9 0.0000 1100
  At most 1 112.1 0.0028 112.1 0.0728  
M2: REM None 164.7 0 150.9 0.0000 1100
  At most 1 112.7 0.0025 112.7 0.0225  
  1. H 0 No cointegration exists