Table 8 Optimum lag selection criterion... | Emerald Publishing

Table 8

Optimum lag selection criterion

Lag	LogL	LR	FPE	AIC	HQIC	SBIC
0	−165.058	NA	0.008724	9.44765	9.52442	9.66759*
1	−125.518	79.079	0.003951	8.63991	9.10049*	9.95951
2	−96.8952	57.246	0.003518*	9.04824	9.28301	10.8579
3	−82.9194	27.952	0.008187	9.05108	10.2793	12.57
4	−57.8683	50.102*	0.013576	8.43862*	10.6603	13.6668

Lag	LogL	LR	FPE	AIC	HQIC	SBIC
0	−165.058	NA	0.008724	9.44765	9.52442	9.66759*
1	−125.518	79.079	0.003951	8.63991	9.10049*	9.95951
2	−96.8952	57.246	0.003518*	9.04824	9.28301	10.8579
3	−82.9194	27.952	0.008187	9.05108	10.2793	12.57
4	−57.8683	50.102*	0.013576	8.43862*	10.6603	13.6668

Note(s): * indicates 10% level of significance

Source(s): Table by authors