A priori sign | Dependent variable: SP | ||
---|---|---|---|
Fixed effects | Random effects | ||
C | + | 169.286 (144.43) {0.2417} | −6.68602 (5.5756) {0.2309} |
ESUR | + | −76.165 (81.7380) {0.3519} | 19.2557*** (4.1358) {0.000} |
BVPS | + | 0.0018* (0.0010) {0.0755} | 0.0018 (0.0028) {0.5141} |
EPS | + | −74. 987 (81.561) {0.3583} | 22.787*** (4.4107) {0.000} |
ESUR*BVPS | + | 0.0005 (0.0007) {0.4420} | 0.0007 (0.0019) {0.7384} |
ESUR*EPS | + | −0.1129*** (0.0146) {0.0000} | −0.2513** (0.1198) {0.0363} |
AR(1) | + | 0.4094*** (0.0846) {0.0000} | |
R2 | 0.928 | 0.591 | |
Adjusted R2 | 0.917 | 0. 588 | |
χ2Hausman | 38.43(0.000) | ||
F-statistic | 82.51 | 193.97 | |
Prob(F-stat) | 0.000 | 0.000 | |
Durbin–Watson | 1.99 | 1.29 |