GENERAL UNRESTRICTED MODEL
EQUATION FOR THE SHARE OF CREDIT GRANTED TO THE LARGEST SIZE CLASS
(“CLIENTS 5”)
The data employed for the estimates cover the period 1990 QI - 1998 QIV
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
D.P.D. RESULTS
LEVELS IV
Number of firms: 18
Observations: 504
Sample period is 1991 QII to 1998 QI
Degrees of freedom: 473
Dependent variable is: c5_t
Instruments used are:
|
CONST |
c5_t(-2) |
c5_t(-3) |
c5_t(-4) |
c5_t(-5) |
tat(-1) |
tat(-3) |
tat(-4) |
|
tat(-4) |
tat(-5) |
so_u(-1) |
so_u(-2) |
so_u(-3) |
so_u(-4) |
so_u(-5) |
tan(-1) |
|
tan(-2) |
tan(-3) |
tan(-4) |
tan(-5) |
isco(-1) |
tma(-1) |
tma(-2) |
tma(-3) |
|
tma(-4) |
tma(-5) |
a1 |
a3 |
a4 |
a5 |
a6 |
ONE-STEP ESTIMATES WITH ROBUST TEST STATISTICS
|
Wald test of joint significance: 4431.770670 |
df = 30 df = 24 tat(-2) tat(-4) | |||
|
Wald test selected by user: |
7.462959 tat tat(-1) -2) tan(-3) a1 a3 | |||
|
Testing:c5_t(-2) c5_t(-3) tma(-1) tma(-2) tma(-3) a6 |
c5_t(-4) tan(-1) tan( tma(-4) | |||
|
tan( |
-4) tma a4 a5 | |||
|
Var Coef |
Std. Error |
T-Stat |
P-Value | |
|
CONST -0.138288 |
0.156984 |
-0.880902 |
0.378371 | |
|
c5_t(-1) 2.942707 |
2.112914 |
1.392725 |
0.163703 | |
|
c5_t(-2) -2.005299 |
2.092366 |
-0.958388 |
0.337867 | |
|
c5_t(-3) 0.174508 |
0.296365 |
0.588829 |
0.555976 | |
|
c5_t(-4) -0.011989 |
0.141317 |
-0.084839 |
0.932390 | |
|
tat 0.027344 |
0.027825 |
0.982712 |
0.325749 | |
|
tat(-1) -0.013846 |
0.014940 |
-0.926768 |
0.354047 | |
|
tat(-2) 0.004455 |
0.010317 |
0.431821 |
0.665872 | |
|
tat(-3) -0.003635 |
0.005215 |
-0.697092 |
0.485745 | |
|
tat(-4) -0.003304 |
0.006173 |
-0.535252 |
0.592476 | |
|
so_u -0.081250 |
0.166762 |
-0.487221 |
0.626102 | |
|
so_u(-1) 0.120028 |
0.180136 |
0.666317 |
0.505209 | |
|
so_u(-2) -0.060010 |
0.052729 |
-1.138082 |
0.255086 | |
|
so_u(-3) 0.084269 |
0.064958 |
1.297276 |
0.194536 | |
|
so_u(-4) -0.119746 |
0.099812 |
-1.199712 |
0.230251 | |
|
tan -0.007168 |
0.014392 |
-0.498050 |
0.618448 | |
|
tan(-1) 0.008115 |
0.013108 |
0.619095 |
0.535854 | |
|
tan(-2) 0.001665 |
0.004124 |
0.403840 |
0.686330 | |
|
tan(-3) 0.000392 |
0.001968 |
0.199169 |
0.842131 | |
|
tan(-4) 0.001837 |
0.002366 |
0.776374 |
0.437528 | |
|
isco 0.001490 |
0.001720 |
0.866275 |
0.386339 | |
|
tma -0.024440 |
0.023699 |
-1.031243 |
0.302427 | |
|
tma(-1) 0.007476 |
0.009783 |
0.764128 |
0.444791 | |
|
tma(-2) 0.002505 |
0.006351 |
0.394353 |
0.693320 | |
|
tma(-3) -0.001077 |
0.003461 |
-0.311090 |
0.755733 | |
|
tma(-4) 0.005157 |
0.006172 |
0.835599 |
0.403381 | |
|
a1 0.000255 |
0.003423 |
0.074583 |
0.940547 | |
|
a3 0.006086 |
0.007869 |
0.773465 |
0.439247 | |
|
a4 0.003671 |
0.004724 |
0.777195 |
0.437044 | |
|
a5 0.010938 |
0.013995 |
0.781585 |
0.434458 | |
|
a6 0.002276 |
0.009911 |
0.229597 |
0.818405 | |
|
Robust test for first-order |
serial correlation: -0. |
978 |
[ 18 ] | |
|
Robust test for second-order |
serial correlation: 1. |
005 |
[ 18 ] | |
37
More intriguing information
1. MATHEMATICS AS AN EXACT AND PRECISE LANGUAGE OF NATURE2. The name is absent
3. Evolutionary Clustering in Indonesian Ethnic Textile Motifs
4. The name is absent
5. Økonomisk teorihistorie - Overflødig information eller brugbar ballast?
6. Imitation in location choice
7. Declining Discount Rates: Evidence from the UK
8. The name is absent
9. The name is absent
10. Initial Public Offerings and Venture Capital in Germany