Nbr. of variables

Variables

MSE

R2

Adjusted R2

Mallows’ Cp

Akaike’s AIC

Schwarz’s SBC

Amemiya’s PC

2

CPI/TD4GDP

12.318

0.500

0.485

17.340

171.171

177.785

0.530

3

CPI/CurrTransfGDP/TD4GDP

11.082

0.558

0.536

10.379

165.032

173.851

0.483

4

CPI/RemittGDP/CurrTransfGDP/TD4GDP

10.386

0.592

0.566

6.988

161.613

172.636

0.459

5

CPI/RemittGDP/CurrTransfGDP/BBGDP/TD4GDP

10.148

0.608

0.576

6.513

160.971

174.199

0.455

6

CPI/RemittGDP/CurrTransfGDP/BBGDP/FDIGDP/TD4GDP

9.894

0.624

0.586

5.990

160.164

175.597

0.449

7

CPI/REER/RemittGDP/CurrTransfGDP/BBGDP/FDIGDP/TD4GDP

9.895

0.630

0.586

7.014

161.047

178.684

0.455