Dear,
My thesis employs Johansen Cointegration test (use Eview 6). Regarding the result that there are 5 cointegrating equations, I employ VECM to determine the long-run and short-run relationship. However, I don't know hoe to interpret the COEFFCIENTS. There are many equaitons.
What is the critical values in VECM?
Please help me.
Thank you!
Cointegrating equation in VECM
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