Table 4: Estimation Results
log(term. rate) |
OLS |
3SLS |
OLS |
3SLS |
OLS |
3SLS |
log(capex) |
-0.025 ** |
-0.047 ** |
-0.026 * |
-0.044 ** | ||
( 0.012 ) |
( 0.020 ) |
( 0.014 ) |
( 0.021 ) | |||
log(weighted av. capex) |
-0.042 *** |
-0.066 *** |
-0.035 *** |
-0.061 *** | ||
( 0.011 ) |
( 0.023 ) |
( 0.012 ) |
( 0.023 ) | |||
log(market share) |
-0.155 *** |
-0.147 *** |
-0.184 *** |
-0.165 *** |
-0.173 *** |
-0.154 *** |
( 0.014 ) |
( 0.026 ) |
( 0.015 ) |
( 0.026 ) |
( 0.015 ) |
( 0.027 ) | |
log(market size) |
0.251 *** |
0.196 |
0.186 ** |
0.145 |
0.229 ** |
0.192 |
( 0.096 ) |
( 0.170 ) |
( 0.089 ) |
( 0.170 ) |
( 0.096 ) |
( 0.171 ) | |
log(share urban pop.) |
-4.679 *** |
-8.860 ** |
-3.426 * |
-7.862 * |
-3.502 * |
-7.574 * |
( 1.678 ) |
( 4.252 ) |
( 2.067 ) |
( 4.489 ) |
( 2.050 ) |
( 4.465 ) | |
cost-based regulation |
0.138 * |
0.124 ** |
0.097 |
0.123 ** |
0.101 |
0.130 ** |
( 0.075 ) |
( 0.053 ) |
( 0.068 ) |
( 0.053 ) |
( 0.068 ) |
( 0.053 ) | |
incentive regulation |
0.090 *** |
0.062 |
0.094 *** |
0.053 |
0.097 *** |
0.057 |
( 0.025 ) |
( 0.042 ) |
( 0.024 ) |
( 0.043 ) |
( 0.024 ) |
( 0.043 ) | |
netmonopoly reg. |
0.009 |
-0.037 |
-0.020 |
-0.051 |
-0.015 |
-0.048 |
( 0.023 ) |
( 0.045 ) |
( 0.022 ) |
( 0.047 ) |
( 0.022 ) |
( 0.047 ) | |
GSM 1800 |
0.103 *** |
0.109 *** |
0.103 *** |
0.124 *** |
0.094 *** |
0.115 *** |
( 0.018 ) |
( 0.039 ) |
( 0.017 ) |
( 0.039 ) |
( 0.017 ) |
( 0.039 ) | |
constant |
-3.146 *** |
-- |
-2.294 *** |
-- |
-2.563 *** |
— |
( 0.752 ) |
-- |
( 0.736 ) |
-- |
( 0.744 ) |
— | |
country dummies included | ||||||
year dummies included | ||||||
# Obs. |
799 |
510 |
731 |
500 |
799 |
500 |
F (df) |
1263.5 (28) |
47046.9 (26) |
1390.5 (27) |
45985.5 (26) |
1263.5 (28) |
46401.4 (27) |
"R2"__________________ |
0.955 |
0.949 |
0.957 |
0.950 |
0.955 |
0.950 |
log(MOU inc.) |
Ols |
3SLS |
Ols |
3SLS |
OlS |
3SLS |
(1 b) |
(2 b) |
(3 b) |
(4 b) |
(5 b) |
(6 b) | |
log(capex) |
0.009 |
-0.002 |
0.005 |
-0.009 | ||
( 0.008 ) |
( 0.012 ) |
( 0.008 ) |
( 0.013 ) | |||
log(weighted av. capex) |
0.045 *** |
0.037 *** |
0.053 *** |
0.036 *** | ||
( 0.012 ) |
( 0.014 ) |
( 0.009 ) |
( 0.014 ) | |||
log(term. rate) |
0.008 |
-0.203 |
-0.058 *** |
-0.248 * |
0.021 |
-0.271 * |
( 0.015 ) |
( 0.158 ) |
( 0.022 ) |
( 0.147 ) |
( 0.017 ) |
( 0.160 ) | |
log(market share) |
0.969 *** |
0.937 *** |
1.237 *** |
0.940 *** |
0.985 *** |
0.940 *** |
( 0.014 ) |
( 0.024 ) |
( 0.018 ) |
( 0.025 ) |
( 0.014 ) |
( 0.025 ) | |
log(market size) |
0.122 ** |
0.137 * |
-0.190 ** |
0.131 * |
0.125 ** |
0.143 * |
( 0.056 ) |
( 0.074 ) |
( 0.081 ) |
( 0.076 ) |
( 0.064 ) |
( 0.079 ) | |
log(share urban pop.) |
-7.302 *** |
-8.466 *** |
-9.833 *** |
-9.336 *** |
-8.067 *** |
-9.408 *** |
( 0.920 ) |
( 1.574 ) |
( 1.380 ) |
( 1.525 ) |
( 1.064 ) |
( 1.587 ) | |
post paid |
0.000 *** |
0.000 *** |
-0.000 ** |
0.000 *** |
0.000 *** |
0.000 *** |
( 0.000 ) |
( 0.000 ) |
( 0.000 ) |
( 0.000 ) |
( 0.000 ) |
( 0.000 ) | |
cost-based regulation |
-0.005 |
0.021 |
0.049 * |
0.024 |
-0.008 |
0.029 |
( 0.018 ) |
( 0.031 ) |
( 0.026 ) |
( 0.030 ) |
( 0.020 ) |
( 0.032 ) | |
incentive regulation |
0.024 |
0.036 ** |
0.081 *** |
0.046 ** |
0.033 ** |
0.049 ** |
( 0.018 ) |
( 0.021 ) |
( 0.021 ) |
( 0.021 ) |
( 0.016 ) |
( 0.022 ) | |
netmonopoly reg. |
0.060 *** |
0.050 ** |
0.099 *** |
0.062 *** |
0.077 *** |
0.062 *** |
( 0.016 ) |
( 0.022 ) |
( 0.023 ) |
( 0.023 ) |
( 0.018 ) |
( 0.024 ) | |
constant |
0.382 |
-- |
1.769 |
-- |
0.062 |
— |
( 0.683 ) |
-- |
( 1.099 ) |
-- |
( 0.771 ) |
— | |
country dummies included | ||||||
year dummies included | ||||||
# Obs. |
510 |
510 |
500 |
500 |
500 |
500 |
F (df) |
742.2 (26) |
955946.2 (27) |
740.9 (26) |
877385.2 (27) |
713.2 (27) |
12659.96 (27) |
"R2"__________________ |
0.972 |
0.965 |
0.975 |
0.963 |
0.975 |
0.961 |
***,**,* signal the 1, 5 and 10 percent significance levels.
Std. errors are provided in brackets.
More intriguing information
1. The name is absent2. The name is absent
3. The name is absent
4. Cardiac Arrhythmia and Geomagnetic Activity
5. A Multimodal Framework for Computer Mediated Learning: The Reshaping of Curriculum Knowledge and Learning
6. The name is absent
7. The name is absent
8. THE UNCERTAIN FUTURE OF THE MEXICAN MARKET FOR U.S. COTTON: IMPACT OF THE ELIMINATION OF TEXTILE AND CLOTHING QUOTAS
9. The name is absent
10. Connectionism, Analogicity and Mental Content