Semiparametric Estimation and Panel Data Clustering Analysis Based on D-Vine and C-Vine

Table 2

Models evaluation and goodness of fit with different Archimedes copula.

Copula	HNAC		PCC with D-vine and HNAC		PCC with C-vine and HNAC
	HQC	S	HQC	S	HQC	S
Gumbel	-150.6136	85.3; (0.1802)	-151.1203	84.2; (0.1921)	-151.1039	80.7; (0.2025)
Clayton	-150.5281	86.1; (0.1632)	-151.0218	84.4; (0.1805)	-150.9812	84.6; (0.1791)