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

Table 8

Co-integration test results.

Hypothesized No. of CE(s) Prob.	Eigenvalue	Trace statistic	0.05 Critical	Value
None	0.765230	41.36965	40.17493	0.0377
At most 1	0.683875	22.53073	24.27596	0.0817
At most 2	0.305413	7.559678	12.32090	0.2729
At most 3	0.195131	2.821990	4.129906	0.1100