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Table 7 Lag order selection

From: Powering Ghana’s future: unraveling the dynamics of electricity generation and the path to sustainable energy

Lag

Lo

 

lo

LR

FPO

AIC

SC

HQ

0

− 174.4750

NA

110.2998

18.89210

19.14064

18.93416

1

− 128.6505

62.70721*

13.76872*

16.70005*

18.19127*

16.95242*

  1. LR sequential modified LR test statistic (each test at 5% level)
  2. FPE Final prediction error
  3. AIC Akaike information criterion
  4. SC Schwarz information criterion
  5. *indicates the lag order selected by the criterion