0

10

800

400

Am azonas - 05
ncash - 06
A p u rm a c - 0 7
A r e q u ip a - 0 8
Ayacucho - 09
C a ja m a r c a - 1 0
C usco - 11
H uanuco - 05
Ic a - 0 6
J u n n - 0 7
L a L ib e r t a d - 0 8
Lam bayeque - 09
L im a - 1 0
L o re to - 1 1
M oquegua - 05
Pasco - 06
P iu r a - 0 7
Puno - 08
S a n M a rtn - 0 9
T acna - 10
T um bes - 11

10

Am azonas - 05
ncash - 06
A p u rm a c - 0 7
A r e q u ip a - 0 8
Ayacucho - 09
C a ja m a r c a - 1 0
C usco - 11
H uanuco - 05
Ic a - 0 6
J u n n - 0 7
L a L ib e r t a d - 0 8
Lam bayeque - 09
L im a - 1 0
L o re to - 1 1
M oquegua - 05
Pasco - 06
P iu r a - 0 7
Puno - 08
S a n M a rtn - 0 9
T acna - 10
T um bes - 11

20

Am azonas - 05
ncash - 06
A p u rm a c - 0 7
A r e q u ip a - 0 8
Ayacucho - 09
C a ja m a r c a - 1 0
C usco - 11
H uanuco - 05
Ic a - 0 6
J u n n - 0 7
L a L ib e r t a d - 0 8
Lam bayeque - 09
L im a - 1 0
L o re to - 1 1
M oquegua - 05
Pasco - 06
P iu r a - 0 7
Puno - 08
S a n M a rtn - 0 9
T acna - 10
T um bes - 11

60

GBC

50

40

30

30

AN AF

25

20

15

YPML

2 ,0 0 0

1 ,6 0 0

1 ,2 0 0

Covariance Analysis: Ordinary

Date: 10/26/13 Time: 11:02
Sample: 2005 2011
Included observations: 168
Correlation
t-Statistic
GBC

GBC
1.000000
-----

ANAF

ANAF

-0.354549
-4.885409

1.000000
-----

YPML

0.395386
5.546111

-0.732830
-13.87668

YPML

1.000000
-----

Dependent Variable: LOG(GBC)

Method: Panel EGLS (Cross-section weights)
Date: 10/26/13 Time: 09:33
Sample: 2005 2011
Periods included: 7
Cross-sections included: 24
Total panel (balanced) observations: 168
Linear estimation after one-step weighting matrix
Cross-section SUR (PCSE) standard errors & covariance (d.f. corrected)
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
LOG(ANAF)
LOG(YPML)

0.868632
-0.115257
0.159372

0.307061
0.059892
0.033152

2.828857
-1.924407
4.807264

0.0053
0.0563
0.0000

Effects Specification
Cross-section fixed (dummy variables)
Weighted Statistics
R-squared
Adjusted R-squared
S.E. of regression
F-statistic
Prob(F-statistic)

0.978909
0.975196
0.147020
263.6296
0.000000

Mean dependent var

S.D. dependent var
Sum squared resid
Durbin-Watson stat

2.832388
2.240889
3.069302
1.631538

Unweighted Statistics
R-squared
Sum squared resid

0.961986
3.072490

Mean dependent var

Durbin-Watson stat

1.663153
1.427219

Redundant Fixed Effects Tests

Equation: EQ03NY
Test cross-section fixed effects
Effects Test

Statistic

Cross-section F

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

DPTO
Amazonas
ncash
Apurmac
Arequipa
Ayacucho
Cajamarca
Cusco
Huancavelica
Huanuco
Ica
Junn
La Libertad
Lambayeque
Lima
Loreto
Madre de Dios
Moquegua
Pasco
Piura
Puno
San Martn
Tacna
Tumbes
Ucayali

249.554374

Effect
-0.991405
0.124846
-0.082476
0.571355
-0.222508
0.264217
0.362905
-1.509071
0.050315
0.074185
0.081884
0.492095
0.405631
1.933446
-0.081879
-0.689846
-0.106270
-0.703342
0.017468
-0.239399
-0.229228
0.517190
-0.265062
0.224947

Anlisis de residuos:

d.f.

Prob.

(23,142)

0.0000

16

Series: Standardized Residuals

Sample 2005 2011
Observations 168

14
12
10
8
6
4
2
0
-0.3

-0.2

-0.1

-0.0

0.1

0.2

0.3

Mean
Median
Maximum
Minimum
Std. Dev.
Skewness
Kurtosis

6.61e-19
-0.006176
0.289581
-0.302756
0.135569
-0.005628
2.160497

Jarque-Bera
Probability

4.934246
0.084829