Bootstrap Order Determination for ARMA Models: A Comparison between Different Model Selection Criteria

Table 1

ARMA DGPs.

Set	Parameters	DGP 1	DGP 2	DGP 3	DGP 4	DGP 5	DGP 6	DGP 7	DGP 8	DGP 9	DGP 10
		−.85	−.75	−.65	−.60	−.45	.50	.65	.70	.60	.7
		—	—	—	—	—	—	—	—	—
		.50	.40	−.40	.40	−.65	−.25	−.50	−.40	−.40	−.5
		—	—	—	—	—	—	—	—	—
		−1.2	−1.1	−0.9	−0.8	−0.6	−.5	− 0.4	0.35	0.7	0.4
		−.9	−0.9	−0.9	−0.8	−0.5	−4	−0.35	−0.6	−0.8	0.65
		.5	.5	0.5	0.5	0.5	.35	0.35	.50	−.5	−.5
		—	—	—	—	—	—	—	—	—	—
		−0.9	−0.8	−0.7	−0.60	−0.5	−0.4	0.4	0.5	0.7	0.80
		—	—	—	—	—	—	—	—	—	—
		−0.50	−0.35	−0.35	0.5	0.	0.35	0.70	−0.9	−0.5	−0.5
		0.35	0.50	0.35	0.35	−0.5	0.35	0.25	−0.5	− 0.5	0.35