Financial Innovation

Table 4 Lag length Selection

From: Financial innovation and economic growth in Bangladesh

Lag	LR	FPE	AIC	SC	HQ
0	198.33	20.36	18.86	19.21	18.91
1	171.30^a	15.78^a	12.24^a	14.99^a	12.97^a
2	185.74	17.33	13.22	16.98	17.99
3	188.78	19.857	14.75	20.49	19.84
4	201.35	21.18	17.98	22.12	20.95

LR sequential modified LR test statistic (each test at 5% level), FPE Final Prediction Error, AIC Akaike Information Criterion, SC Schwarz Information Criterion, HQ Hannan-Quinn Information Criterion
^a indicates lag order selected by the criterion

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