From: Impact of COVID-19 on the performance of emerging market mutual funds: evidence from India
Variable | \(\phi_{1}\) | \({\mathbb{Z}}_{1}\) | \({\mathbb{Z}}_{2}\) | \({\mathbb{Z}}_{3}\) | \({\mathbb{Z}}_{4}\) | \({\mathbb{Z}}_{5}\) | F stat | Pro | |
---|---|---|---|---|---|---|---|---|---|
Panel A: Results of exogeneity test | |||||||||
Coef: | − 7.64E−05 | 0.00059 | − 0.00375 | − 0.0006 | 0.02743 | − 0.0033 | 33.077 | 0 | |
t statistic | − 1.17434 | 12.5560 | − 1.43421 | − 3.2418 | 1.79925 | − 0.7814 | |||
p values | 0.2403 | 0 | 0.1515a,b | 0.0012 | 0.072a,b | 0.4346a,b |
\(\chi^{2}\) statistic | Chi-Sq. d.f | Prob |
---|---|---|
Panel B—Hausman test (summary results) | ||
13,312.510070 | 6 | 0.0000 |