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             Likelihood Ratio Tests for Cointegrating Rank                               
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Dimension of system:       3     Number of observations in sample:          316 
Number of lags:            2     Number of observations for estimation:     316 
Restricted constant:      No     Initial values:                              0
Unestricted constant:     No     Level parameter:                           Yes
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Rank     d      b     Log-likelihood   LR statistic   P-value
 0     0.643  0.643          440.040         25.454     0.043
 1     0.569  0.569          451.174          3.186     0.820
 2     0.576  0.576          452.707          0.120     0.947
 3     0.581  0.581          452.767           ----      ----
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