An Empirical Analysis of the Effects of Population Growth on Economic Growth in Ethiopia Using an Autoregressive Distributive Lag (ARDL) Model Approach

Table 2

Lag selection criteria from VAR criteria.

VAR lag order selection criteria
Endogenous variables: LNRGDP, LNPOP, FDI, PREM, LNPOPGR, RI, and LNGCF
Exogenous variables: C
Date: 06/12/20 time: 12:26
Sample: 1980 and 2020
Included observations: 36
Lag	LogL	LR	FPE	AIC	SC	HQ
0	−1089.659	NA	6.80e + 17	60.92552	61.23342	61.03298
1	−852.5507	368.8356	2.07e + 13	50.47504	52.93829	51.33478
2	−787.1017	76.35712	1.15e + 13	49.56121	54.17980	51.17322
3	−628.5680	123.3040	7.24e + 10	43.47600	50.24994	45.84028

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, and HQ: Hannan–Quinn information criterion. Source: authors' own computation.