TOTAL (plain OLS) Estimates:

 Dependent variable: LOG_INFL

        Mean of dep. var. = 1.55224           R-squared = .458377
   Std. dev. of dep. var. = .717028  Adjusted R-squared = .452080
 Sum of squared residuals = 24.2264        LM het. test = 7.52014 [.006]
    Variance of residuals = .281702       Durbin-Watson = .810662 [.000,.000]
 Std. error of regression = .530756

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.061950      .726152E-02   -8.53125      [.000]
 C         1.50620       .056836       26.5010       [.000]

 F test of A,B=Ai,Bi:  F(20,66) = 2.9639,  P-value = [.0005]
 Critical F value for diffuse prior (Leamer, p.114) =   5.8294    

 BETWEEN (OLS on means) Estimates:

 Dependent variable: LOG_INFL

        Mean of dep. var. = 1.55224  Std. error of regression = .264353
   Std. dev. of dep. var. = .473252                 R-squared = .719181
 Sum of squared residuals = .628944        Adjusted R-squared = .687979
    Variance of residuals = .069883              LM het. test = .223882 [.636]

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.068701      .014310       -4.80095      [.001]
 C         1.50118       .080412       18.6687       [.000]

 WITHIN (fixed effects) Estimates:

 Dependent variable: LOG_INFL

        Mean of dep. var. = 1.55224           R-squared = .576556
   Std. dev. of dep. var. = .717028  Adjusted R-squared = .515268
 Sum of squared residuals = 18.9403        LM het. test = 7.15447 [.007]
    Variance of residuals = .249215       Durbin-Watson = 1.02222 [.000,.000]
 Std. error of regression = .499214

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.054894      .976753E-02   -5.62007      [.000]

 F test of Ai,B=Ai,Bi:  F(10,66) = 3.1943,  P-value = [.0021]
 Critical F value for diffuse prior (Leamer, p.114) =   4.3776    

 F test of A,B=Ai,B:  F(10,76) = 2.1211,  P-value = [.0326]
 Critical F value for diffuse prior (Leamer, p.114) =   5.0409    

 Variance Components (random effects) Estimates:

 VWITH (variance of Uit)   =  0.24922    
 VBET  (variance of Ai)    =  0.32487E-01
 (computed from small sample formula)
 THETA (0=WITHIN, 1=TOTAL) =  0.48951    

 Dependent variable: LOG_INFL

        Mean of dep. var. = 1.55224           R-squared = .458377
   Std. dev. of dep. var. = .717028  Adjusted R-squared = .452080
 Sum of squared residuals = 24.2567        LM het. test = 7.77749 [.005]
    Variance of residuals = .282055       Durbin-Watson = .804683 [.000,.000]
 Std. error of regression = .531088

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.059567      .794443E-02   -7.49796      [.000]
 C         1.50797       .076290       19.7662       [.000]

 Hausman test of H0:RE vs. FE:  CHISQ(1) = 0.67624,  P-value = [.4109]