Table 3 VAR lag order selection criteria.
From: Migrant’s remittance and investment financing nexus in Africa: Does investment climate matter?
Lag | LogL | LR | FPE | AIC | SC | HQ |
|---|---|---|---|---|---|---|
0 | − 9845.849 | NA | 2.61e+12 | 56.97023 | 57.08140 | 57.01449 |
1 | − 7689.239 | 4176.095 | 17,961,641 | 45.08231 | 46.30516* | 45.56925* |
2 | − 7549.016 | 263.4238 | 14,253,717* | 44.84981* | 47.18435 | 45.77943 |
3 | − 7475.535 | 133.7951 | 16,670,326 | 45.00309 | 48.44932 | 46.37539 |
4 | − 7401.080 | 131.2649 | 19,446,308 | 45.15075 | 49.70867 | 46.96573 |
5 | − 7337.093 | 109.1102 | 24,198,052 | 45.35892 | 51.02853 | 47.61658 |
6 | − 7274.611 | 102.9337 | 30,530,684 | 45.57578 | 52.35708 | 48.27612 |
7 | − 7186.930 | 139.3773* | 33,509,099 | 45.64699 | 53.53997 | 48.79001 |
8 | − 7107.731 | 121.3163 | 38,916,186 | 45.76723 | 54.77190 | 49.35292 |