Table 3. Results of simultaneous estimation of eqs. (7), (8), and (9):
city banks
Parameter |
MVR |
3SLS | ||
Estimate |
P-value |
Estimate |
P-value | |
θ 1974 |
0.353 |
[.001] |
0.297 |
[.006] |
θ 1975 |
0.348 |
[.001] |
0.261 |
[.010] |
θ 1976 |
0.228 |
[.007] |
0.178 |
[.046] |
θ 1977 |
0.208 |
[.013] |
0.115 |
[.176] |
θ 1978 |
0.097 |
[.199] |
0.016 |
[.850] |
θ 1979 |
0.125 |
[.047] |
0.085 |
[.210] |
θ 1980 |
0.227 |
[.001] |
0.157 |
[.011] |
θ 1981 |
0.245 |
[.000] |
0.222 |
[.003] |
θ 1982 |
0.047 |
[.217] |
0.001 |
[.985] |
θ 1983 |
0.094 |
[.026] |
0.072 |
[.132] |
θ 1984 |
-0.025 |
[.446] |
-0.045 |
[.262] |
θ 1985 |
0.041 |
[.208] |
0.016 |
[.654] |
θ 1986 |
0.020 |
[.547] |
0.002 |
[.951] |
θ 1987 |
-0.036 |
[.258] |
-0.054 |
[.182] |
θ 1988 |
-0.002 |
[.941] |
-0.026 |
[.458] |
θ 1989 |
-0.028 |
[.188] |
-0.027 |
[.372] |
θ 1990 |
0.042 |
[.012] |
0.023 |
[.223] |
θ 1991 |
0.108 |
[.000] |
0.082 |
[.003] |
θ 1992 |
0.124 |
[.000] |
0.101 |
[.004] |
θ 1993 |
0.184 |
[.000] |
0.133 |
[.003] |
θ 1994 |
0.092 |
[.006] |
0.057 |
[.117] |
θ 1995 |
-0.005 |
[.862] |
-0.056 |
[.167] |
θ 1996 |
-0.024 |
[.475] |
-0.050 |
[.296] |
θ 1997 |
-0.007 |
[.822] |
-0.040 |
[.407] |
θ 1998 |
0.151 |
[.002] |
0.136 |
[.044] |
θ 1999 |
0.262 |
[.000] |
0.215 |
[.009] |
θ 2000 |
0.185 |
[.001] |
0.152 |
[.024] |
a 0 |
12.090 |
[.000] |
12.094 |
[.000] |
a 1 |
0.678 |
[.000] |
0.947 |
[.000] |
a 2 |
-0.677 |
[.326] |
1.201 |
[.469] |
a 3 |
0.110 |
[.166] |
-0.113 |
[.629] |
a 4 |
-1.928 |
[.007] |
0.311 |
[.860] |
a 5 |
-0.459 |
[.000] |
-0.545 |
[.000] |
a 6 |
-0.099 |
[.611] |
-0.171 |
[.741] |
a 7 |
0.412 |
[.148] |
-0.893 |
[.255] |
a 8 |
1.308 |
[.059] |
-0.697 |
[.681] |
a 9 |
-0.540 |
[.061] |
0.687 |
[.396] |
b0 |
5.917 |
[.014] |
5.995 |
[.032] |
b2 |
1.053 |
[.000] |
1.063 |
[.000] |
b3 |
0.000 |
[.780] |
0.000 |
[.633] |
b4 |
-0.291 |
[.000] |
-0.294 |
[.000] |
b5 |
0.070 |
[.470] |
0.109 |
[.262] |
1∕η 1974 |
0.707 |
[.000] |
0.715 |
[.000] |
1∕η 1975-76 |
0.710 |
[.000] |
0.718 |
[.000] |
1∕η 1977-78 |
0.723 |
[.000] |
0.731 |
[.000] |
1∕η 1979-80 |
0.709 |
[.000] |
0.717 |
[.000] |
1∕η 1981-82 |
0.700 |
[.000] |
0.708 |
[.000] |
1∕η 1983-84 |
0.704 |
[.000] |
0.712 |
[.000] |
1∕η 1985-86 |
0.709 |
[.000] |
0.717 |
[.000] |
1∕η 1987-88 |
0.711 |
[.000] |
0.719 |
[.000] |
1∕η 1989-90 |
0.691 |
[.000] |
0.698 |
[.000] |
1∕η 1991-92 |
0.691 |
[.000] |
0.699 |
[.000] |
1∕η1993-94 |
0.712 |
[.000] |
0.719 |
[.000] |
1∕η 1995-96 |
0.729 |
[.000] |
0.737 |
[.000] |
1∕η 1997-98 |
0.736 |
[.000] |
0.743 |
[.000] |
1∕η 1999-00 |
0.747 |
[.000] |
0.755 |
[.000] |
R2 ' for (7) |
0.961 |
0.951 | ||
R2 for (8) |
0.843 |
0.852 | ||
R2 for (9) |
0.949 |
0.950 |
26
More intriguing information
1. THE WELFARE EFFECTS OF CONSUMING A CANCER PREVENTION DIET2. The problem of anglophone squint
3. Learning-by-Exporting? Firm-Level Evidence for UK Manufacturing and Services Sectors
4. The name is absent
5. THE UNCERTAIN FUTURE OF THE MEXICAN MARKET FOR U.S. COTTON: IMPACT OF THE ELIMINATION OF TEXTILE AND CLOTHING QUOTAS
6. Palvelujen vienti ja kansainvälistyminen
7. How Offshoring Can Affect the Industries’ Skill Composition
8. Une nouvelle vision de l'économie (The knowledge society: a new approach of the economy)
9. A Study of Prospective Ophthalmology Residents’ Career Perceptions
10. THE EFFECT OF MARKETING COOPERATIVES ON COST-REDUCING PROCESS INNOVATION ACTIVITY