Analysis of Household Consumption Behavior and Indebted Self-Selection Effects: Case Study of Thailand

Table 2

Result of Akaike information criterion (AIC) from copula-based models.

	Ind	Gau	Frank	Clayton	Gumbel
Case 1
Ind	−132169.0	−132178.1	−133060.3	−132117.5	−132886.7	−133766.3
Gau	−132168.3	−132177.5	−132875.4	−132648.1	−132675.1	−133759.6
Frk	−133259.2	−133225.6	−133487.3	−132782.4	−133288.4	−134327.5
Clt	−132412.1	−132423.2	−133135.0	−132378.6	−133135.0	−134020.2
Gumb	−132159.8	−132660.7	−132854.9	−132423.1	−132650.7	−133356.2
Joe	−132173.5	−132659.1	−132853.1	−132420.0	−132650.1	−133343.8
RGumb90	−132474.0	−132480.8	−133645.4	−132417.4	−132870.5	−133990.4
RGumb270	−132166.0	−132174.6	−132788.3	−131946.3	−132644.6	−134069.9
RJoe90	−133433.3	−133435.6	−133961.2	−132559.4	−134277.3	−133983.0
RJoe270	−132634.1	−132184.2	−131624.0	−129560.0	−133160.5	−133034.0
RClt90	−132621.8	−132174.4	−132880.9	−132467.2	−132677.2	−133764.5
RClt270	−132622.5	−132176.2	−132881.6	−132468.3	−132677.9	−133764.5
Case 2
Ind	−149331.5	−149334.7	−149417.6	−149329.3	−149644.3	−149799.3
Gau	−149350.8	−149351.7	−149430.4	−149348.6	−149656.9	−149812.1
Frk	−149393.2	−149388.7	−149469.6	−149383.7	−149691.9	−149845.8
Clt	−149443.8	−149445.0	−149524.6	−149419.5	−149746.4	−149903.0
Gumb	−149336.2	−149336.6	−149408.4	−149290.4	−149551.6	−149605.3
Joe	−149335.6	−149336.5	−149415.6	−149289.4	−149551.7	−149601.9
RGumb90	−149336.2	−149337	−149415.7	−149333.4	−149597.5	−149719.4
RGumb270	−149334.4	−149335.3	−149406.4	−149286.4	−149549.8	−149598.4
RJoe90	−149336.3	−149337.1	−149559.2	−149333.6	−149597.6	−149930.3
RJoe270	−149334.4	−149335.4	−149410.5	−149324.8	−149595.9	−149598.4
RClt90	−147276.3	−149334.8	−149119.0	−149231.6	−149578.2	−149695.9
RClt270	−149336.9	−149475.5	−149552.2	−149254.6	−149579.7	−149924.2

Source. Computation.