restricted 
					==========

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  786

        Mean of dep. var. = 5.78094      LM het. test = 3.82742 [.050]
   Std. dev. of dep. var. = 1.05591     Durbin-Watson = 1.85122 [<.040]
 Sum of squared residuals = 382.863  Jarque-Bera test = 47.5076 [.000]
    Variance of residuals = .492112   Ramsey's RESET2 = 27.3023 [.000]
 Std. error of regression = .701507   F (zero slopes) = 142.933 [.000]
                R-squared = .569161    Schwarz B.I.C. = 859.276
       Adjusted R-squared = .565285    Log likelihood = -832.609

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .352594       .049345       7.14552       **  [.000]
 LPRICE3   .123435       .082320       1.49945           [.134]
 LPRICE4   .110930       .112928       .982301           [.326]
 LPRICE5   .208155       .087679       2.37407       *   [.018]
 LSUPPLY2  .158260       .035094       4.50965       **  [.000]
 LSUPPLY3  .070199       .049636       1.41427           [.158]
 LSUPPLY4  .038282       .045452       .842264           [.400]
 LSUPPLY5  .039608       .029301       1.35175           [.177]


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

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  786

        Mean of dep. var. = 5.78094      LM het. test = 8.52784 [.003]
   Std. dev. of dep. var. = 1.05591     Durbin-Watson = 1.90468 [<.510]
 Sum of squared residuals = 346.523  Jarque-Bera test = 80.9354 [.000]
    Variance of residuals = .457155   Ramsey's RESET2 = .422260 [.516]
 Std. error of regression = .676132   F (zero slopes) = 42.8343 [.000]
                R-squared = .604079    Schwarz B.I.C. = 886.753
       Adjusted R-squared = .589977    Log likelihood = -793.416

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .330709       .051271       6.45022       **  [.000]
 LPRICE3   .058393       .082698       .706104           [.480]
 LPRICE4   .193760       .113843       1.70199           [.089]
 LPRICE5   .318801       .088767       3.59146       **  [.000]
 LSUPPLY2  .209546       .043110       4.86069       **  [.000]
 LSUPPLY3  .099013       .049063       2.01808       *   [.044]
 LSUPPLY4  .073028       .045548       1.60332           [.109]
 LSUPPLY5  .050647       .028780       1.75979           [.079]
 C         -1.61800      .362011       -4.46947      **  [.000]
 LSUPPLY1  -.245791      .101409       -2.42376      *   [.016]
 LTNS      .234959       .097444       2.41121       *   [.016]
 FOWNER1   -.018814      .030215       -.622670          [.534]
 FOWNER2   -.747601E-02  .029919       -.249872          [.803]
 FOWNER3   .698735E-02   .026269       .265993           [.790]
 FOWNER4   .643989E-02   .025312       .254422           [.799]
 FDUMMY1   .017575       .028575       .615057           [.539]
 FDUMMY2   -.067332      .025633       -2.62680      **  [.009]
 FDUMMY3   -.048804      .027146       -1.79780          [.073]
 FDUMMY4   -.016213      .025123       -.645336          [.519]
 FDUMMY5   .716413E-02   .024148       .296673           [.767]
 FDUMMY6   .023893       .024551       .973209           [.331]
 FDUMMY7   -.010400      .024648       -.421943          [.673]
 FDUMMY8   .047719       .025613       1.86306           [.063]
 FDUMMY9   -.638912E-02  .024972       -.255854          [.798]
 FDUMMY10  -.063968      .025159       -2.54258      *   [.011]
 FSTAT1    -.585376E-02  .021967       -.266479          [.790]
 FSTAT2    .091814       .031201       2.94266       **  [.003]
 FSTAT3    .051356       .029026       1.76931           [.077]


 F(20,758)  Test Statistic: 3.974527, Upper tail area: .00000