Analysis of the Impact of U.S. Trade Policy Uncertainty on China Based on Bayesian VAR Model

Table 3

Optimal lag order.

Lag order	LogL	LR	FPE	AIC	SC	HQ
0	261.3888	NA	4.86e − 11	−6.720759	−6.536754	−6.647222
1	879.6600	1122.650	1.08e − 17	−22.04368	−20.75565	−21.52892
2	910.3932	50.95245	1.26e − 17	−21.90509	−19.51302	−20.94910
3	937.9721	41.36828	1.65e − 17	−21.68348	−18.18738	−20.28627
4	976.0796	51.14428	1.70e − 17	−21.73894	−17.13880	−19.90050
5	1014.889	45.95856	1.83e − 17	−21.81287	−16.10871	−19.53321
6	1045.789	31.71359	2.66e − 17	−21.67867	−14.87048	−18.95779
7	1084.038	33.21585	3.61e − 17	−21.73784	−13.82562	−18.57573
8	1142.377	41.45109	3.49e − 17	−22.32570	−13.30944	−18.72237

Note: optimal lag order obtained according to the corresponding information criterion.