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Table 2 Lag order selection criteria (bank deposits and GDP) Model no 1

From: Causality between bank’s major activities and economic growth: evidences from Pakistan

Lag

LogL

LR

FPE

AIC

HQ

0

−199.5701

NA

63.87653

9.832687

9.863125

1

−176.3837

42.97968

25.06655

8.896765

8.988080

2

−169.5563

11.98952

21.87906

8.758844

8.911037

3

−165.7950

6.238218

22.23103

8.770489

8.983558

4

−158.5610

11.29216a

19.13468a

8.612731a

8.886677a

5

−157.3654

1.749616

22.21350

8.749533

9.084356

6

−154.9377

3.315858

24.42833

8.826231

9.221931

7

−153.3333

2.034944

28.17479

8.943086

9.399663

8

−148.2550

5.945266

27.68736

8.890488

9.407942

9

−139.8924

8.974505

23.44999

8.677678

9.256009

10

−138.8030

1.062854

28.72958

8.819658

9.458865

11

−133.0830

5.022457

28.59181

8.735754

9.435839

12

−131.0694

1.571579

34.88322

8.832652

9.593614

  1. LR sequential modified LR test statistic (each test at 5 % level), FPE Final prediction error, AIC Akaike information criterion, HQ Hannan-Quinn information criterion
  2. aIndicates lag order selected by the criterion