Table 2. Optimal lag length selection... | Emerald Publishing

Table 2.

Optimal lag length selection

Lag	Log (L)	LR	FPE	AIC	SC	HQ
0	−1,785.819	NA	20,168.37	32.61488	32.81128	32.69454
1	−1,085.927	1,285.255	0.192653	21.05322	22.82081*	21.77016
2	−939.9511	246.8322*	0.044144*	19.56275*	22.90152	20.91697*
3	−897.7784	65.17604	0.068647	19.95961	24.86957	21.95112
4	−841.4533	78.85510	0.086160	20.09915	26.58030	22.72794

Lag	Log (L)	LR	FPE	AIC	SC	HQ
0	−1,785.819	NA	20,168.37	32.61488	32.81128	32.69454
1	−1,085.927	1,285.255	0.192653	21.05322	22.82081*	21.77016
2	−939.9511	246.8322*	0.044144*	19.56275*	22.90152	20.91697*
3	−897.7784	65.17604	0.068647	19.95961	24.86957	21.95112
4	−841.4533	78.85510	0.086160	20.09915	26.58030	22.72794

Note:

*Shows optimal lags

Source:Authors computation