A note on the corrected Akaike information criterion for threshold autoregressive models

A bias-corrected Akaike information criterion AICC is derived for self-exciting threshold autoregressive (SETAR) models. The small sample properties of the Akaike information criteria (AIC, AICC) and the Bayesian information criterion (BIC) are studied using simulation experiments. It is suggested that AICC performs much better than AIC and BIC in small samples and should be put in routine usage.