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Table 1 Result of Cointegration test India

From: Effect of military expenditure on economic growth: evidences from India Pakistan and China using cointegration and causality analysis

Hypothesized No of CE

Trace Statistics

Critical Value

Probability

 None

28.4348

25.8721

0.0235

 At most 1

8.97831

12.5179

0.1817

Hypothesized No of CE

Max-Eigen Statistics

Critical Value

Probability

 None

19.4565

19.3870

0.0489

 At most 1

8.97831

12.5179

0.1817

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