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Table 3 VAR lag order selection criteria

From: The impact of bank lending on Palestine economic growth: an econometric analysis of time series data

Lag Log L LR FPE AIC SC HQ
Total BL-Equation
 0 136.1564 NA 0.000973 − 4.097121 − 3.996765 −4.057524
 1 204.5579 128.3843 0.000122 −6.171012 − 6.037204 − 6.118216
 2 220.6991 29.79916 7.68e-05 − 6.636896 − 6.469635 − 6.570901
 3 221.1764 0.866461 7.80e-05 − 6.620812 − 6.420100 − 6.541618
 4 221.4003 0.399627 8.00e-05 − 6.596933 − 6.362769 − 6.504540
 5 226.7999 9.470050 6.99e-05 − 6.732305 − 6.464688 − 6.626713
 6 233.0105 10.70128a 5.95e-05a − 6.892630a − 6.591561a − 6.773839a
 7 233.0173 0.011590 6.14e-05 − 6.862072 −6.527551 − 6.730082
Private BL-Equation
 0 135.4474 NA 0.000995 −4.075304 −3.974948 − 4.035707
 1 202.9401 126.6786 0.000129 −6.121234 −5.987425 −6.068438
 2 221.3178 33.92800 7.53e-05 −6.655931 −6.488671 − 6.589936
 3 222.2820 1.750491 7.54e-05 −6.654831 − 6.454119 −6.575637
 4 222.3311 0.087683 7.77e-05 −6.625574 −6.391409 − 6.533181
 5 227.2157 8.566779 6.90e-05 −6.745099 − 6.477482 −6.639507
 6 233.4386 10.72255a 5.88e-05a − 6.905804a − 6.604735a − 6.787013a
 7 233.4401 0.002478 6.06e-05 − 6.875080 −6.540559 − 6.743090
Public BL-Equation
 0 103.7540 NA 0.002637 −3.100123 − 2.999767 − 3.060526
 1 203.9020 187.9701 0.000125 −6.150831 −6.017023 −6.098035
 2 221.2593 32.04414 7.55e-05 −6.654131 −6.486870 − 6.588136
 3 221.7571 0.903867 7.67e-05 −6.638681 −6.437969 − 6.559487
 4 221.9307 0.309765 7.87e-05 −6.613253 −6.379088 − 6.520860
 5 227.0548 8.986784 6.93e-05 −6.740147 −6.472530 − 6.634555
 6 233.8268 11.66865a 5.81e-05a − 6.917746a − 6.616677a − 6.798955a
 7 233.8821 0.093747 5.98e-05 −6.888682 −6.554160 − 6.756691
  1. aindicates lag order selected by the criterion
  2. LR Sequential modified LR test statistic (each test at 5% level)
  3. FPE Final prediction error
  4. AIC Akaike information criterion
  5. SC Schwarz information criterion
  6. HQ Hannan -Quinn information criterion