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Table 2 VAR Lag Order Selection Criteria

From: Cointegration between macroeconomic factors and the exchange rate USD/CNY

Lag LogL LR FPE AIC SC HQ
0 − 478.6142 NA 320.6609 26.8674 27.0873 26.9442
1 −346.5227 220.1524 849.1512 20.9179 22.2375 21.3785
2 −313.2510 46.2107a 583.9447a 20.4583a 22.8776a 21.3027a
  1. LR is sequentrial modified LR test statistic (5% level of each test), FPE is Final predication error. AIC is Akaike information criterion, SC is Schwarz information criterion, HQ is Hannan Quinn information criterion
  2. ashowes orders of lag selected by the criterion