Period | Data Period (I): 1988.1-2004.12 | Data Period (II): 1992.1-2004.12 | Data Period (III): 1996.1-2004.12 | |||
Criteria | Symmetric Models | Asymmetric Models | Symmetric Models | Asymmetric Models | Symmetric Models | Asymmetric Models |
AIC | (1) (15, 15) H1: 0.89 (2) (15, 15) H2: 1.40 | (1) (1, 24) H1: 8.05* (2) (11, 11) H2: 12.89* | (1) (3, 3) H1: 10.44* (2) (3, 3) H2: 9.13* | (1) (24, 23) H1: 2.53* (2) (12, 12) H2: 4.44* | (1) (1, 1) H1: 12.47* (2) (1, 1) H2: 0.35 | (1) (12, 24) H1: 3.46* (2) (1, 3) H2: 13.80* |
BIC | (1) (1, 13) H1: 5.55* (2) (24, 3) H2: 12.89* | (1) (1, 13) H1: 2.47 (2) (1, 15) H2: 13.29* | (1) (1, 13) H1: 2.71 (2) (1, 11) H2: 9.34* | |||
FPE | (1) (24, 24) H1: 1.17 (2) (24, 24) H2: 2.30* | (1) (17, 24 ) H1: 2.41* (2) (18, 24 ) H2: 3.02* | (1) (16, 12) H1: 3.07* (2) (2, 24) H2: 7.31* | |||
SBC | (1) (15, 15) H1: 0.89 (2) (15, 15) H2: 1.40 | (1) (1, 13) H1: 5.55* (2) (24, 3) H2: 12.89* | (1) (3, 3) H1: 13.08** (2) (3, 3) H2: 11.56* | (1) (1, 13) H1: 2.47* (2) (1, 3) H2: 18.75* | (1) (1, 1) H1: 12.47* (2) (1, 1) H2: 0.35 | (1) (1, 13) H1: 2.71* (2) (1, 3) H2: 13.80* |
SIC | (1) (1, 24) H1: 8.05* (2) (24, 3) H2: 12.89* | (1) ( 20, 24) H1: 2.43* (2) (24, 24) H2: 2.13* | (1) (24, 23) H1: 2.32* (2) (24, 23) H2: 2.08* | |||
HJC | (1) (1, 13) H1: 5.55* (2) (24, 1) H2: 20.12* | (1) (1, 13) H1: 2.47* (2) (1, 3) H2: 18.75* | (1) (1, 13) H1: 2.71* (2) (1, 3) H2: 13.80* |