China’s Energy Demand Forecasting Based on the Hybrid PSO-LSSVR Model

Table 3

Unrestricted Cointegration rank test (trace).

Hypothesized No. of CE(s)	Eigenvalue	Trace statistic	0.05 critical value
None	0.987905	242.9389	69.81889	0.0000
At most 1	0.917747	128.1496	47.85613	0.0000
At most	0.785139	63.20264	29.79707	0.0000
At most 3	0.573033	23.22072	15.49471	0.0028
At most 4	0.041184	1.093446	3.841466	0.2957

Trace test indicates 4 cointegrating equations at the 0.05 level. denotes rejection of the hypothesis at the 0.05 level. MacKinnon-Haug-Michelis (1999) values.