The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Hausman test
Correlated random effects—Hausman test | |||
|---|---|---|---|
Equation: untitled | |||
Test cross-section random effects | |||
Test summary | Chi-sq. statistic | Chi-sq. df | Prob. |
Cross-section random | 19.525372 | 3 | 0.0002 |
Variable | Fixed | Random | Var (diff.) | Prob. |
|---|---|---|---|---|
Cross-section random effects test comparisons | ||||
ER | 0.005092 | 0.004424 | 0.000000 | 0.1286 |
FTA | − 0.636211 | − 0.571874 | 0.000518 | 0.0047 |
ND | − 0.678951 | − 0.693360 | 0.010774 | 0.8896 |
Cross-section random effects test equation: | ||||
|---|---|---|---|---|
Dependent variable: TG | ||||
Method: panel least squares | ||||
Date: 04/21/18 Time: 17:32 | ||||
Sample: 2000 2016 | ||||
Periods included: 17 | ||||
Cross sections included: 15 | ||||
Total panel (balanced) observations: 255 | ||||
Variable | Coefficient | SE | t statistic | Prob. |
C | 92.07208 | 3.612049 | 25.49026 | 0.0000 |
ER | 0.005092 | 0.001208 | 4.214637 | 0.0000 |
FTA | − 0.636211 | 0.262329 | − 2.425242 | 0.0160 |
ND | − 0.678951 | 1.468072 | − 0.462478 | 0.6442 |
Effects specification | |||
|---|---|---|---|
Cross-section fixed (dummy variables) | |||
R-squared | 0.968761 | Mean dependent var | 102.5514 |
Adjusted R-squared | 0.966520 | SD dependent var | 87.27988 |
SE of regression | 15.97006 | Akaike info criterion | 8.447282 |
Sum squared resid | 60445.16 | Schwarz criterion | 8.697253 |
Log likelihood | − 1059.028 | Hannan–Quinn criter | 8.547831 |
F-statistic | 432.3311 | Durbin–Watson stat | 0.411561 |
Prob (F-statistic) | 0.000000 | ||