johansen cointegration test

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alireza
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Joined: Fri May 29, 2015 10:49 am

johansen cointegration test

Postby alireza » Fri May 29, 2015 11:00 am

hi there
i have two nonstationary variables. i want find out whether there is a cointegration relation between them or not.
i used johansen cointegration test and it says " there is no cointegration..." both by trace and eigenvalue ; but in the bottom of page it gives me a cointegrating equation.
what does this equation mean?

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