TOTAL (plain OLS) Estimates:

 Dependent variable: L_INFL

        Mean of dep. var. = 3.86580           R-squared = .353165
   Std. dev. of dep. var. = 2.11199  Adjusted R-squared = .350667
 Sum of squared residuals = 750.155        LM het. test = 1.99251 [.158]
    Variance of residuals = 2.89635       Durbin-Watson = .788058 [.000,.000]
 Std. error of regression = 1.70187

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.129655      .010903       -11.8916      [.000]
 C         3.44889       .111024       31.0644       [.000]

 F test of A,B=Ai,Bi:  F(48,211) = 1.5456,  P-value = [.0200]
 Critical F value for diffuse prior (Leamer, p.114) =   7.8357    

 BETWEEN (OLS on means) Estimates:

 Dependent variable: L_INFL

        Mean of dep. var. = 3.88621  Std. error of regression = .609003
   Std. dev. of dep. var. = .755745                 R-squared = .377692
 Sum of squared residuals = 8.53035        Adjusted R-squared = .350635
    Variance of residuals = .370885              LM het. test = 1.50960 [.219]

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.132422      .035443       -3.73620      [.001]
 C         3.44436       .169768       20.2886       [.000]

 WITHIN (fixed effects) Estimates:

 Dependent variable: L_INFL

        Mean of dep. var. = 3.86580           R-squared = .432211
   Std. dev. of dep. var. = 2.11199  Adjusted R-squared = .371808
 Sum of squared residuals = 658.483        LM het. test = 3.50055 [.061]
    Variance of residuals = 2.80206       Durbin-Watson = .896572 [.000,.000]
 Std. error of regression = 1.67393

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.129373      .011439       -11.3102      [.000]

 F test of Ai,B=Ai,Bi:  F(24,211) = 1.6390,  P-value = [.0355]
 Critical F value for diffuse prior (Leamer, p.114) =   5.8736    

 F test of A,B=Ai,B:  F(24,235) = 1.3632,  P-value = [.1261]
 Critical F value for diffuse prior (Leamer, p.114) =   6.5417    

 Variance Components (random effects) Estimates:

 VWITH (variance of Uit)   =   2.8021    
 VBET  (variance of Ai)    =  0.94296E-01
 (computed from small sample formula)
 THETA (0=WITHIN, 1=TOTAL) =  0.72983    
 (evaluated at TMAX =   11)

 Dependent variable: L_INFL

        Mean of dep. var. = 3.86580           R-squared = .353165
   Std. dev. of dep. var. = 2.11199  Adjusted R-squared = .350667
 Sum of squared residuals = 750.155        LM het. test = 1.98706 [.159]
    Variance of residuals = 2.89635       Durbin-Watson = .787876 [.000,.000]
 Std. error of regression = 1.70187

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 GDP_GR    -.129606      .010892       -11.8990      [.000]
 C         3.45018       .125601       27.4693       [.000]

 Hausman test of H0:RE vs. FE:  CHISQ(1) = 0.44787E-02,  P-value = [.9466]