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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
  1. * Number of ranks with cointegration
  2. *** Significance at the level 0.05%