QUICK-ESTIMATE EQUATION
Coefficient
Std. Error
t-Statistic
Prob.
CA?
WCTO?
CATA?
CLTA?
0.001557
0.023578
0.027164
0.003766
0.001150
0.008466
0.013898
0.022775
1.353710
2.785157
1.954488
0.165370
0.1781
0.0061
0.0528
0.8689
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
0.076791
0.055809
0.033221
0.145676
272.0782
0.031579
0.034188
-3.942327
-3.856661
1.270052
FIXED EFFECT
Dependent Variable: ROI?
Method: Pooled Least Squares
Date: 07/02/11 Time: 15:29
Sample: 2007 2010
Included observations: 4
Cross-sections included: 34
Total pool (balanced) observations: 136
Variable
Coefficient
Std. Error
t-Statistic
Prob.
C
CA?
WCTO?
CATA?
CLTA?
Fixed Effects (Cross)
0.000246
-0.000779
0.015002
0.131207
-0.164356
0.021114
0.002359
0.011541
0.025468
0.050338
0.011651
-0.330372
1.299862
5.151799
-3.265062
0.9907
0.7418
0.1967
0.0000
0.0015
ASRI--C
BAPA--C
BCIP--C
BKDP--C
BKSL--C
BSDE--C
COWL--C
CTRA--C
CTRP--C
CTRS--C
DART--C
DGIK--C
DILD--C
DUTI--C
ELTY--C
GMTD--C
GPRA--C
JIHD--C
JKON--C
JRPT--C
KIJA--C
KPIG--C
LAMI--C
LPCK--C
LPKR--C
OMRE--C
PWON--C
RBMS--C
SCBD--C
SIIPC
SMRA--C
SSIA--C
TOTL--C
WIKA--C
0.019688
-0.017763
-0.048994
-0.049737
-0.025390
-0.031683
0.000986
-0.011059
-0.017851
-0.009588
0.010380
0.026651
0.000315
-0.034808
-0.002921
-0.008134
0.003330
-0.028227
-0.013916
0.033276
0.041236
-0.001619
0.031850
0.005222
0.009039
-0.016544
0.142347
0.035362
-0.064680
0.022015
-0.071191
0.030725
0.019546
0.022138
Effects Specification
0.595908
0.443342
0.025508
0.063763
328.2607
1.992834
0.031579
0.034188
-4.268539
-3.454709
3.905912
0.000000
RANDOM EFFECT
Dependent Variable: ROI?
Method: Pooled EGLS (Cross-section random effects)
Date: 07/02/11 Time: 15:30
Sample: 2007 2010
Included observations: 4
Cross-sections included: 34
Total pool (balanced) observations: 136
Swamy and Arora estimator of component variances
Variable
Coefficient
Std. Error
t-Statistic
Prob.
C
CA?
WCTO?
CATA?
CLTA?
0.012260
-0.000429
0.026356
0.051647
-0.064173
0.010206
0.001529
0.008294
0.014799
0.029003
1.201302
-0.280746
3.177819
3.490027
-2.212680
0.2318
0.7793
0.0019
0.0007
0.0287
Random Effects
(Cross)
ASRI--C
BAPA--C
BCIP--C
BKDP--C
BKSL--C
BSDE--C
COWL--C
CTRA--C
CTRP--C
CTRS--C
DART--C
DGIK--C
DILD--C
DUTI--C
ELTY--C
GMTD--C
GPRA--C
JIHD--C
JKON--C
JRPT--C
KIJA--C
KPIG--C
LAMI--C
LPCK--C
LPKR--C
OMRE--C
PWON--C
RBMS--C
SCBD--C
SIIP--C
SMRA--C
SSIA--C
TOTL--C
WIKA--C
-0.008047
-0.002432
-0.008260
-0.027911
-0.011453
-0.012834
0.002748
-0.000131
-0.005200
0.002388
0.011778
0.006032
-0.000419
-0.007734
0.000678
-0.003338
0.006790
-0.009016
-0.011371
0.007191
0.024517
-0.005351
0.019705
-0.001979
-0.000639
-0.001854
0.051336
0.011017
-0.022358
0.006779
-0.012545
0.002745
-0.005428
0.004596
Effects Specification
S.D.
Cross-section random
Idiosyncratic random
0.015565
0.025508
Rho
0.2713
0.7287
Weighted Statistics
R-squared
Adjusted R-squared
S.E. of regression
0.146683
0.120628
0.028410
0.020015
0.030296
0.105736
F-statistic
Prob(F-statistic)
5.629642
0.000326
Durbin-Watson stat
1.554977
Unweighted Statistics
R-squared
Sum squared resid
0.060728
0.148210
0.031579
1.109347