Table 10 Johansen co-integration test...

Table 10

Johansen co-integration test

Series: TCPIBRPC TCDTPC TCDMPC TCCPPC
Data trend	None	None	Linear	Linear	Square
Type of test	No intercept	Intercept	Intercept	Intercept	Intercept
Type of test	No trend	No trend	No trend	Trend	Trend
Trazas	4	4	4	4	4
Max-Eig	4	4	4	4	4

Note(s): *Breakpoints based on MacKinnon et al. (1999)

includes 57 observations

Source(s): Prepared by the authors