Optimal delay number
| Model | LogL | AIC* | BIC | HQ | Specifications |
|---|---|---|---|---|---|
| 2 | −1462.806900 | 9.030563 | 11.653887 | 10.071508 | ARDL (1, 2, 2, 2, 2, 2, 2) |
| 4 | −1472.744599 | 9.182866 | 12.003199 | 10.301986 | ARDL (2, 2, 2, 2, 2, 2, 2) |
| 3 | −1618.349784 | 9.349209 | 10.987491 | 9.999286 | ARDL (2, 1, 1, 1, 1, 1, 1) |
| 1 | −1644.780892 | 9.388320 | 10.829594 | 9.960224 | ARDL (1, 1, 1, 1, 1, 1, 1) |
| Model | LogL | AIC* | BIC | HQ | Specifications |
|---|---|---|---|---|---|
| 2 | −1462.806900 | 11.653887 | 10.071508 | ||
| 4 | −1472.744599 | 9.182866 | 12.003199 | 10.301986 | ARDL (2, 2, 2, 2, 2, 2, 2) |
| 3 | −1618.349784 | 9.349209 | 10.987491 | 9.999286 | ARDL (2, 1, 1, 1, 1, 1, 1) |
| 1 | −1644.780892 | 9.388320 | 10.829594 | 9.960224 | ARDL (1, 1, 1, 1, 1, 1, 1) |
Source(s): Author’s compilation (2025)
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