**Appendix C**


**Table A3.** Best Model Selected by considering both AIC and BIC and goodness of fit.

\* denotes the information criteria by which the fitted model is selected. The goodness of fit is regarded as somewhat significant if, out of the different lags considered in the Ljung–Box Test, which is five in this case, around half (two or three) are insignificant, while the others are only marginally significant.
