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6) Comment if there is any difference of the results based on both Trace and Maximum Eigenvalue tests in JJ cointegration test? How do you

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6) Comment if there is any difference of the results based on both Trace and Maximum Eigenvalue tests in JJ cointegration test? How do you conclude on the number(s) of cointegrating vector(s) in this model? (Hint: you will need to refer to relevant journal articles to supplement your answers) ( In Johansen and Juselius cointegration, it is important to apply a correction factor in small samples. Use the correction factor suggested by Reinsel and Ahn (1992), compute the adjusted Trace and Maximum eigenvalue statistics. (Note: show your calculation onthe correction factor and the both the adjusted statistics) ld Based on your results in (c), explain whether there is any difference in the resultscomparing to (a). 3. Suppose you would like to examine the determinants of exports performance in Malaysia from 1970 to 2015. Assume that all the time series in Table 3 are 6) Comment if there is any difference of the results based on both Trace and Maximum Eigenvalue tests in JJ cointegration test? How do you conclude on the number(s) of cointegrating vector(s) in this model? (Hint: you will need to refer to relevant journal articles to supplement your answers) ( In Johansen and Juselius cointegration, it is important to apply a correction factor in small samples. Use the correction factor suggested by Reinsel and Ahn (1992), compute the adjusted Trace and Maximum eigenvalue statistics. (Note: show your calculation onthe correction factor and the both the adjusted statistics) ld Based on your results in (c), explain whether there is any difference in the resultscomparing to (a). 3. Suppose you would like to examine the determinants of exports performance in Malaysia from 1970 to 2015. Assume that all the time series in Table 3 are

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