Dear forum users

I have two models for which I am testing cointegration using kao test as follows. Can I say model two is not cointegrated while model two is because of the MDF and ADF ?

xtcointtest kao ROA CATETA LOGSIZETA MENIETA MESCNIE LIQLND AQLNTA GDPG LEVDTEQ HHILN
Kao test for cointegration
Ho: No cointegration Number of panels 37
Ha: All panels are cointegrated Number of periods 8
Cointegrating vector: Same
Panel means: Included Kernel: Bartlett
Time trend: Not included Lags: 1.24 (Newey-West)
AR parameter: Same Augmented lags: 1
Statistic p-value
Modified Dickey-Fuller t -6.4144 0
Dickey-Fuller t -9.5496 0
Augmented Dickey-Fuller t -3.6762 0.0001
Unadjusted modified Dickey-Fuller t -7.7288 0
Unadjusted Dickey-Fuller t -9.9544 0

model 2
xtcointtest kao ROA LOGSIZEIN LEVTLTA MENIETA NIMLN LIQLND AQLNTA GDPG HHILN
Kao test for cointegration
--------------------------
Ho: No cointegration Number of panels 37
Ha: All panels are cointegrated Number of periods 8
Cointegrating vector: Same
Panel means: Included Kernel: Bartlett
Time trend: Not included Lags: 1.78 (Newey-West)
AR parameter: Same Augmented lags: 1
Statistic p-value
Modified Dickey-Fuller t -0.6945 0.2437
Dickey-Fuller t -6.0225 0
Augmented Dickey-Fuller t 0.1705 0.4323
Unadjusted modified Dickey-Fuller t -8.1348 0
Unadjusted Dickey-Fuller t -10.3341 0