--------+----------------------------------------------------------------
sigma_u | .65647679
sigma_e | .58378825
rho | .55840665 (fraction of variance due to u_i)
. xttest0
Breusch and Pagan Lagrangian multiplier test for random effects:
rate[abipro,t] = Xb + u[abipro] + e[abipro,t]
Estimated results:
Var sd = sqrt(Var)
---------+-----------------------------
rate | 1.944719 1.394532
e | .3408087 .58378825
u | .4309618 .65647679
Test: Var(u) = 0
chi2(1) = 6620.14
Prob>chi2 = 0.0000
. xthaus
Hausman specification test
----Coefficients ----
| Fixed Random
rate | Effects Effects Difference
---------+- |
12.09587 |
19.27733 |
-----7-.-1--8-1465 |
nbanks | |
.0076926 |
.0094431 |
-.0017505 |
ann90 | |
2.405859 |
2.358083 |
.0477767 |
ann91 | |
2.349755 |
2.297686 |
.0520688 |
ann92 | |
2.900835 |
2.855151 |
.0456835 |
ann93 | |
.9376989 |
.8857715 |
.0519274 |
ann94 | |
.2078109 |
.1722926 |
.0355183 |
ann95 | |
1.061032 |
1.043054 |
.0179776 |
Test: Ho: difference in coefficients not systematic
chi2( 8) = (b-B)'[S^(-1)](b-B), S = (S_fe - S_re) = 80.62
Prob>chi2 = 0.0000
25
More intriguing information
1. Mergers and the changing landscape of commercial banking (Part II)2. Confusion and Reinforcement Learning in Experimental Public Goods Games
3. Keynesian Dynamics and the Wage-Price Spiral:Estimating a Baseline Disequilibrium Approach
4. Anti Microbial Resistance Profile of E. coli isolates From Tropical Free Range Chickens
5. The Institutional Determinants of Bilateral Trade Patterns
6. La mobilité de la main-d'œuvre en Europe : le rôle des caractéristiques individuelles et de l'hétérogénéité entre pays
7. The name is absent
8. The name is absent
9. THE AUTONOMOUS SYSTEMS LABORATORY
10. Altruism and fairness in a public pension system