Hi,

The answer is that it does not make any difference if you are using H0: r <= r0
with H1: r > r0 or H0: r = r0 with H1: r > r0. Statistically, these two
expressions are the same. Likewise, H0: r => r0 with H1: r < r0 or H0: r = r0
with H1: r < r0 would be the same.

Regards
Andreas




Citerar javier garcia enriquez <javigarcia83(a)yahoo.es>:

> Hi;
>    
>   I wanted to know what are the hypothesis that Gretl uses in the Johansen’s
> tests (trace and lambda max). We think there is a very confused topic in the
> literature, because some articles (programs) says(uses) that both have the
> same hypothesis (H0: r  <=  r0;  H1: r>r0), while others defend the
> following:
>    
>   Trace                            H0: r  <=  r0        H1: r>r0     
>   Lambda max                 H0: r =r0           H1: r>r0
>    
>   Where r0 is the number of coitegration vectors
>    
>   Is Gretl use either of them??
>    
>   Thanks
>   Javi       
> 
>               
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