Table 3 Johansen multivariate cointegration (CE) test results
From: Healthcare expenditure and GDP in Ethiopia from 1995 to 2014: a time-series analysis
THEp and GHEp = f(GDPp) | ||||
|---|---|---|---|---|
Hypothesized no. of CEs | Trace test | Max-Eigen test | ||
Statistic | 5% critical value | Statistic | 5% critical value | |
None* | 39.7048*** | 29.68 | 28.4655*** | 20.97 |
At most 1* | 11.2393*** | 15.41 | 9.9256*** | 14.07 |
At most 2 | 1.3136 | 3.76 | 1.3136 | 3.76 |