[求助]麻煩哪位達(dá)人幫我解釋下~

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以下是我用EVIEWS5.1做出來的Johnasen協(xié)整檢驗的結(jié)果，哪位麻煩幫我解釋下。是說有存在兩個協(xié)整向量么？那兩個協(xié)整向量分別是什么呢？

Date: 04/05/09   Time: 18:41    
Sample (adjusted): 1988 2007    
Included observations: 20 after adjustments    
Trend assumption: Linear deterministic trend    
Series: LNGDP LNFDI LNTRADE     
Lags interval (in first differences): 1 to 1    
    
Unrestricted Cointegration Rank Test (Trace)    
    
Hypothesized  Trace 0.05 
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**
    
None *  0.733558  45.91227  29.79707  0.0003
At most 1 *  0.576541  19.46031  15.49471  0.0120
At most 2  0.107490  2.274355  3.841466  0.1315
    
 Trace test indicates 2 cointegrating eqn(s) at the 0.05 level    
 * denotes rejection of the hypothesis at the 0.05 level    
 **MacKinnon-Haug-Michelis (1999) p-values    
    
Unrestricted Cointegration Rank Test (Maximum Eigenvalue)    
    
Hypothesized  Max-Eigen 0.05 
No. of CE(s) Eigenvalue Statistic Critical Value Prob.**
    
None *  0.733558  26.45196  21.13162  0.0081
At most 1 *  0.576541  17.18596  14.26460  0.0168
At most 2  0.107490  2.274355  3.841466  0.1315
    
 Max-eigenvalue test indicates 2 cointegrating eqn(s) at the 0.05 level    
 * denotes rejection of the hypothesis at the 0.05 level    
 **MacKinnon-Haug-Michelis (1999) p-values    
    
 Unrestricted Cointegrating Coefficients (normalized by b'*S11*b=I):     
    
LNGDP LNFDI LNTRADE  
-18.34675 -1.655385  10.98061  
 9.102346 -0.283545 -5.006220  
 3.849209 -1.355863  0.432529  
    
    
 Unrestricted Adjustment Coefficients (alpha):     
    
D(LNGDP)  0.011772 -0.025690  0.004520 
D(LNFDI)  0.199832  0.073726  0.037216 
D(LNTRADE) -0.031174 -0.026047  0.032697 
    
    
1 Cointegrating Equation(s):   Log likelihood  65.23011 
    
Normalized cointegrating coefficients (standard error in parentheses)    
LNGDP LNFDI LNTRADE  
 1.000000  0.090228 -0.598505  
  (0.01584)  (0.02275)  
    
Adjustment coefficients (standard error in parentheses)    
D(LNGDP) -0.215971   
  (0.17630)   
D(LNFDI) -3.666265   
  (0.90895)   
D(LNTRADE)  0.571948   
  (0.50747)   
    
    
2 Cointegrating Equation(s):   Log likelihood  73.82309 
    
Normalized cointegrating coefficients (standard error in parentheses)    
LNGDP LNFDI LNTRADE  
 1.000000  0.000000 -0.562443  
   (0.01949)  
 0.000000  1.000000 -0.399678  
   (0.22716)  
    
Adjustment coefficients (standard error in parentheses)    
D(LNGDP) -0.449808 -0.012202  
  (0.14240)  (0.01168)  
D(LNFDI) -2.995185 -0.351703  
  (0.93677)  (0.07682)  
D(LNTRADE)  0.334856  0.058991  
  (0.54949)  (0.04506)  
    

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關(guān)鍵詞：coefficients unrestricted observations Integrating coefficient 解釋 麻煩

1.Trace test indicates 2 cointegrating eqn(s) at the 0.05 level表示跡檢驗顯示在5%的顯著水平存在兩個協(xié)整方程。
2.Max-eigenvalue test indicates 2 cointegrating eqn(s) at the 0.05 level 表示最大特征根檢驗顯示在5%的顯著水平存在兩個協(xié)整方程。

3.兩個標(biāo)準(zhǔn)化的協(xié)整方程

（1）LNGDP=-0.9022LNFDI+0.5985LNTRADE 

（2）LNGDP=0.5624LNTRADE