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 |