Hello,

So I stand at this place:

My CATs result is as follows:

I(1)-ANALYSIS

p-r r Eig.Value Trace Trace* Frac95 P-Value P-Value*

6 0 0.743 189.788 179.725 95.514 0.000 0.000

5 1 0.593 105.431 100.924 69.611 0.000 0.000

4 2 0.375 49.753 48.122 47.707 0.031 0.046

3 3 0.182 20.577 20.102 29.804 0.395 0.427

2 4 0.118 8.155 8.043 15.408 0.456 0.468

1 5 0.006 0.355 0.354 3.841 0.551 0.552

I have 2 stationary variables and 4 non-stationary variables! I know 2 cointegrating vectors are added due to stationary variables. 1 cointegrating vector is showing that the model is cointegrated of order 1. Now what is my next step?