restricted ========== Method of estimation = Ordinary Least Squares Dependent variable: LPSE Number of observations: 845 Mean of dep. var. = 5.78277 LM het. test = 2.78177 [.095] Std. dev. of dep. var. = 1.06397 Durbin-Watson = 1.88024 [<.066] Sum of squared residuals = 410.153 Jarque-Bera test = 55.2511 [.000] Variance of residuals = .488860 Ramsey's RESET2 = 27.9141 [.000] Std. error of regression = .699185 F (zero slopes) = 223.084 [.000] R-squared = .576953 Schwarz B.I.C. = 913.836 Adjusted R-squared = .574432 Log likelihood = -893.618 Estimated Standard Variable Coefficient Error t-statistic P-value LPRICE2 .400821 .045295 8.84917 ** [.000] LPRICE3 .132934 .080340 1.65464 [.098] LPRICE4 .243571 .090162 2.70147 ** [.007] LSUPPLY2 .167268 .033135 5.04806 ** [.000] LSUPPLY3 .130321 .044516 2.92751 ** [.004] LSUPPLY4 .012472 .035792 .348446 [.728] unrestricted ============ Method of estimation = Ordinary Least Squares Dependent variable: LPSE Number of observations: 845 Mean of dep. var. = 5.78277 LM het. test = 8.28465 [.004] Std. dev. of dep. var. = 1.06397 Durbin-Watson = 1.91875 [<.517] Sum of squared residuals = 371.049 Jarque-Bera test = 90.1770 [.000] Variance of residuals = .453051 Ramsey's RESET2 = .806883 [.369] Std. error of regression = .673091 F (zero slopes) = 51.5960 [.000] R-squared = .611646 Schwarz B.I.C. = 938.895 Adjusted R-squared = .599791 Log likelihood = -851.284 Estimated Standard Variable Coefficient Error t-statistic P-value LPRICE2 .399797 .047445 8.42655 ** [.000] LPRICE3 .064366 .080632 .798267 [.425] LPRICE4 .393485 .096365 4.08328 ** [.000] LSUPPLY2 .219937 .041778 5.26446 ** [.000] LSUPPLY3 .163921 .044627 3.67315 ** [.000] LSUPPLY4 .033893 .035535 .953793 [.340] C -1.47738 .334171 -4.42104 ** [.000] LSUPPLY1 -.241531 .098324 -2.45648 * [.014] LTNS .241822 .093806 2.57790 * [.010] FOWNER1 -.029054 .029313 -.991147 [.322] FOWNER2 .010906 .028610 .381208 [.703] FOWNER3 .011410 .025315 .450706 [.652] FOWNER4 .011662 .024219 .481542 [.630] FDUMMY1 .011072 .027033 .409568 [.682] FDUMMY2 -.063338 .024633 -2.57122 * [.010] FDUMMY3 -.038226 .025975 -1.47165 [.141] FDUMMY4 -.010769 .024578 -.438161 [.661] FDUMMY5 .010774 .023160 .465224 [.642] FDUMMY6 .021368 .023588 .905871 [.365] FDUMMY7 -.010507 .023538 -.446361 [.655] FDUMMY8 .053126 .024520 2.16669 * [.031] FDUMMY9 -.207644E-02 .023550 -.088171 [.930] FDUMMY10 -.070817 .024063 -2.94299 ** [.003] FSTAT1 -.603173E-02 .021802 -.276660 [.782] FSTAT2 .089421 .029787 3.00207 ** [.003] FSTAT3 .050768 .026962 1.88296 [.060] F(20,819) Test Statistic: 4.315726, Upper tail area: .00000