Table V The result of lag length...

Table V

The result of lag length selection criteria

lag	CD	J	J p-value	MBIC	MAIC	MQIC
1	0.999995	138.0161	1.1490848	−203.3547	24.01606	−66.0346
2	1	87.52919	0.0004277	−199.941	−8.470812	−84.30294
3	1	82.00171	0.0001017	−157.5567	2.001713	−61.19173

Source: Calculated by the authors using PVAR on Stata 14