restricted 
					==========

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  869

        Mean of dep. var. = 5.79199      LM het. test = 2.74232 [.098]
   Std. dev. of dep. var. = 1.07763     Durbin-Watson = 1.84765 [<.017]
 Sum of squared residuals = 428.026  Jarque-Bera test = 48.2370 [.000]
    Variance of residuals = .494827   Ramsey's RESET2 = 18.5989 [.000]
 Std. error of regression = .703440   F (zero slopes) = 390.689 [.000]
                R-squared = .579623    Schwarz B.I.C. = 938.897
       Adjusted R-squared = .578165    Log likelihood = -925.362

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .433333       .043825       9.88779       **  [.000]
 LPRICE3   .333870       .027749       12.0319       **  [.000]
 LSUPPLY2  .208170       .029784       6.98930       **  [.000]
 LSUPPLY3  .105341       .029544       3.56554       **  [.000]


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

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  869

        Mean of dep. var. = 5.79199      LM het. test = 6.64160 [.010]
   Std. dev. of dep. var. = 1.07763     Durbin-Watson = 1.87983 [<.255]
 Sum of squared residuals = 390.987  Jarque-Bera test = 78.7023 [.000]
    Variance of residuals = .462706   Ramsey's RESET2 = 1.62412 [.203]
 Std. error of regression = .680225   F (zero slopes) = 57.9775 [.000]
                R-squared = .612115    Schwarz B.I.C. = 967.244
       Adjusted R-squared = .601557    Log likelihood = -886.035

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .444487       .046024       9.65762       **  [.000]
 LPRICE3   .366412       .031922       11.4785       **  [.000]
 LSUPPLY2  .253562       .041299       6.13968       **  [.000]
 LSUPPLY3  .123781       .030677       4.03502       **  [.000]
 C         -1.21570      .320299       -3.79550      **  [.000]
 LSUPPLY1  -.224509      .097929       -2.29257      *   [.022]
 LTNS      .252845       .093329       2.70919       **  [.007]
 FOWNER1   -.021615      .029233       -.739404          [.460]
 FOWNER2   .011352       .028264       .401631           [.688]
 FOWNER3   .013008       .025462       .510867           [.610]
 FOWNER4   .010108       .023943       .422160           [.673]
 FDUMMY1   .016986       .026962       .629985           [.529]
 FDUMMY2   -.051535      .024561       -2.09825      *   [.036]
 FDUMMY3   -.041241      .025767       -1.60056          [.110]
 FDUMMY4   -.013065      .024244       -.538913          [.590]
 FDUMMY5   .013712       .023052       .594838           [.552]
 FDUMMY6   .024586       .023642       1.03994           [.299]
 FDUMMY7   -.015649      .023430       -.667913          [.504]
 FDUMMY8   .054265       .024602       2.20577       *   [.028]
 FDUMMY9   .293191E-02   .023387       .125363           [.900]
 FDUMMY10  -.073664      .024238       -3.03921      **  [.002]
 FSTAT1    -.366692E-02  .021993       -.166731          [.868]
 FSTAT2    .093330       .029829       3.12882       **  [.002]
 FSTAT3    .058856       .026678       2.20614       *   [.028]


 F(20,845)  Test Statistic: 4.002451, Upper tail area: .00000