Statistical Analysis of the Influence of Sino-U.S. Minimum Wages on Employment

Table 6

Co-integration test results.

Hypothesized No. of CE(s) Prob.	Eigenvalue	Trace statistic	0.05 Critical	Value
None	0.998807	92.16956	29.79707	0.0000
At most 1	0.742673	18.12945	15.49471	0.0196
At most 2	0.252277	3.197953	3.841466	0.0737

Notes: shows that the null hypothesis is rejected at 5%.