Table 1 Bai–Ng and Onatski criteria for the number of static factors
Number of factors | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
Bai-Nga | ||||||
1997–2004 sample | −0.2528 | −0.3095 | −0.3172 | −0.3217 | −0.3135 | −0.3031 |
2005–2010 sample | −0.3947 | −0.4104 | −0.4134 | −0.3977 | −0.3810 | −0.3653 |
06.2005–2010 sample | −0.4184 | −0.4296 | −0.4180 | −0.3996 | −0.3830 | −0.3613 |
Onatskib | ||||||
1997–2004 samplec | 9270.21 | 2816.62 | 1428.32 | 1274.58 | 943.03 | 859.39 |
2005–2010 samplec | 9304.35 | 1291.7 | 1009.52 | 689.95 | 644.35 | 625.79 |
06.2005–2010 samplec | 9052.59 | 1161.84 | 768.78 | 648.57 | 637.48 | 561.69 |