The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Regression result for market structure—price relation.
Dependent variable: PRICE | CR4 | HHI | ||||
|---|---|---|---|---|---|---|
 Independent variables: | Coef | T stat | P value | Coef | T stat | P value |
L. PRICE | 0.510 | 12.41 | 0.000 | 0.56357990 | 13.21 | 0.000 |
Market structure | − 7.91 | − 5.57 | 0.000 | − 0.0006208 | − 2.71 | 0.008 |
Market structure 2 | 8.056 | 5.43 | 0.000 | 0.00000039 | 2.49 | 0.015 |
Arellano-bond test for AR(1) | 0.000 | Â | Â | 0.000 | ||
Arellano-bond test for AR(2) | 0.608 | Â | Â | 0.722 | ||
Hansen test of over-identification restrictions | 0.409 | Â | Â | 0.408 | ||
Inflexion point | 0.491 | Â | Â | 779.899 | ||
Number of observation | 1166 | Â | Â | 1166 | ||
Number of sample | 93 | Â | Â | 93 | ||