restricted 
					==========

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  924

        Mean of dep. var. = 5.80302      LM het. test = 10.1244 [.001]
   Std. dev. of dep. var. = 1.07929     Durbin-Watson = 1.90438 [<.078]
 Sum of squared residuals = 534.292  Jarque-Bera test = 43.5347 [.000]
    Variance of residuals = .579493   Ramsey's RESET2 = .461765 [.497]
 Std. error of regression = .761244   F (zero slopes) = 933.370 [.000]
                R-squared = .503395    Schwarz B.I.C. = 1064.86
       Adjusted R-squared = .502856    Log likelihood = -1058.03

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .872151       .023170       37.6422       **  [.000]
 LSUPPLY2  .270675       .704694E-02   38.4103       **  [.000]


					unrestricted 
					============

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  924

        Mean of dep. var. = 5.80302      LM het. test = 4.57474 [.032]
   Std. dev. of dep. var. = 1.07929     Durbin-Watson = 1.94603 [<.567]
 Sum of squared residuals = 489.013  Jarque-Bera test = 54.2344 [.000]
    Variance of residuals = .542143   Ramsey's RESET2 = 1.22893 [.268]
 Std. error of regression = .736303   F (zero slopes) = 51.4853 [.000]
                R-squared = .545178    Schwarz B.I.C. = 1092.23
       Adjusted R-squared = .534589    Log likelihood = -1017.12

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .808369       .032701       24.7199       **  [.000]
 LSUPPLY2  .125738       .034836       3.60937       **  [.000]
 C         -.190588      .317811       -.599688          [.549]
 LSUPPLY1  -.156819      .103750       -1.51150          [.131]
 LTNS      .324380       .098084       3.30717       **  [.001]
 FOWNER1   -.027697      .030655       -.903506          [.366]
 FOWNER2   .867332E-02   .030067       .288470           [.773]
 FOWNER3   .039515       .025607       1.54314           [.123]
 FOWNER4   .018385       .025245       .728277           [.467]
 FDUMMY1   .035107       .027879       1.25930           [.208]
 FDUMMY2   .271379E-02   .025395       .106865           [.915]
 FDUMMY3   .017589       .026883       .654296           [.513]
 FDUMMY4   .267801E-02   .024666       .108569           [.914]
 FDUMMY5   .320293E-02   .024407       .131229           [.896]
 FDUMMY6   .023449       .024610       .952802           [.341]
 FDUMMY7   -.021209      .024603       -.862037          [.389]
 FDUMMY8   .054844       .024731       2.21762       *   [.027]
 FDUMMY9   .012644       .023886       .529338           [.597]
 FDUMMY10  -.099434      .025266       -3.93550      **  [.000]
 FSTAT1    -.011603      .023732       -.488926          [.625]
 FSTAT2    .065690       .026591       2.47039       *   [.014]
 FSTAT3    .067212       .028011       2.39949       *   [.017]


 F(20,902)  Test Statistic: 4.175965, Upper tail area: .00000