| Lag | LL | LR | df | p | AIC | HQIC | SBIC |
| 0 | 96.022 | 0.012 | −1.584 | −1.574 | - | - | - |
| 1 | 209. 606 | 227.170 | 1 | 0.000 | −3.460 | −3.441 | −3.414 |
| 2 | 229.318 | 39.423 | 1 | 0.000 | −3.772 | −3.744 | −3.702 |
| 3 | 229.319 | 0.003 | 1 | 0.960 | −3.755 | −3.718 | −3 662 |
| 4 | 243.329 | 28.020 | 1 | 0.000 | −3.972 | −3.925 | −3.856 |
| 5 | 252.165 | 17.671 | 1 | 0.000 | 4.103 | 4.046 | −3.963 |
| 6 | 252.278 | 0.227 | 1 | 0.634 | −4.088 | −4.022 | −3.925 |
| 7 | 260.015 | 15.472 | 1 | 0.000 | −4.200 | −4.125 | 4.014 |
| 8 | 274.639 | 29.25* | 1 | 0.000 | −4.42732* | −4.34242* | −4.21826* |