Influence of Exchange Rate on Foreign Direct Investment Inflows: An Empirical Analysis Based on Co-Integration and Granger Causality Test

Table 3

VAR lag order selection criteria.

Lag	LogL	LR	FPE	AIC	SC	HQ
0	−43.90431	NA	0.000286	3.193621	3.380447	3.253388
1	86.73425	217.7309	1.39e − 07	−4.448950	−3.514818	−4.150113
2	125.9489	54.90050	3.15e − 08	−5.996593	−4.315156	−5.458687
3	136.4957	11.95303	5.37e − 08	−5.633045	−3.204303	−4.856070
4	150.8500	12.44039	8.61e − 08	−5.523332	−2.347285	−4.507287
5	195.6855	26.90129	2.62e − 08	−8.445698	−3.522345	−6.190584