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Table 3 Result of Cointegration test Pakistan

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

14.4583

20.2618

0.2591

 At most 1

5.74953

9.16454

0.2110

Hypothesized No of CE

Max-Eigen Statistics

Critical Value

Probability

 None

8.7088

15.8921

0.0012

 At most 1

5.7495

9.16454

0.2110

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