The Links between Energy Consumption, Financial Development, and Economic Growth in Lebanon: Evidence from Cointegration with Unknown Structural Breaks

Table 4

VAR lag order selection criteria.

VAR lag order selection criteria
Lag		LR	FPE	AIC	SC	HQ
0	245.5326	NA		−3.911816	−3.843584	−3.884099
1	585.0314	657.0944		−9.242442	−8.969512	−9.131571
2	600.3055	28.82361		−9.343637	−8.866008	−9.149613
3	615.0278	27.07002		−9.435932	−8.753605	−9.158755
4	624.1486	16.32916		−9.437880	−8.550856	−9.077550
5	627.3032	5.495216		−9.343600	−8.251878	−8.900117
6	633.6844	10.80681		−9.301361	−8.004941	−8.774725
7	635.0608	2.264400		−9.178400	−7.677282	−8.568610
8	642.5061	11.88850		−9.153324	−7.447509	−8.460382

indicates lag order selected by the criterion; 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.