restricted 
					==========

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  837

        Mean of dep. var. = 5.11995      LM het. test = 6.27273 [.012]
   Std. dev. of dep. var. = .979358     Durbin-Watson = 1.88054 [<.045]
 Sum of squared residuals = 459.827  Jarque-Bera test = 39.1231 [.000]
    Variance of residuals = .550690   Ramsey's RESET2 = 45.7055 [.000]
 Std. error of regression = .742085   F (zero slopes) = 621.069 [.000]
                R-squared = .442425    Schwarz B.I.C. = 943.710
       Adjusted R-squared = .441757    Log likelihood = -936.981

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .676464       .021422       31.5775       **  [.000]
 LSUPPLY2  .283464       .603772E-02   46.9488       **  [.000]


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

		Method of estimation = Ordinary Least Squares 


 Dependent variable: LPSE
 Number of observations:  837

        Mean of dep. var. = 5.11995      LM het. test = 2.07243 [.150]
   Std. dev. of dep. var. = .979358     Durbin-Watson = 1.94112 [<.647]
 Sum of squared residuals = 407.799  Jarque-Bera test = 38.1194 [.000]
    Variance of residuals = .502835   Ramsey's RESET2 = .631564 [.427]
 Std. error of regression = .709109   F (zero slopes) = 31.3458 [.000]
                R-squared = .491423    Schwarz B.I.C. = 974.217
       Adjusted R-squared = .475745    Log likelihood = -886.730

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic       P-value
 LPRICE2   .614463       .025985       23.6466       **  [.000]
 LSUPPLY2  .196745       .054105       3.63634       **  [.000]
 C         2.56067       .366650       6.98398       **  [.000]
 LSUPPLY1  -.059406      .068119       -.872085          [.383]
 LTNS      -.061098      .042154       -1.44938          [.148]
 FOWNER1   -.014544      .025705       -.565782          [.572]
 FOWNER2   .966906E-02   .025179       .384013           [.701]
 FOWNER3   -.644485E-02  .025183       -.255925          [.798]
 FOWNER4   -.085792      .028437       -3.01688      **  [.003]
 FOWNER5   -.011955      .031444       -.380190          [.704]
 FDUMMY1   .025313       .033527       .754987           [.450]
 FDUMMY2   -.049122      .025322       -1.93990          [.053]
 FDUMMY3   -.102288E-02  .024703       -.041408          [.967]
 FDUMMY4   -.047322      .024802       -1.90802          [.057]
 FDUMMY5   .016151       .024458       .660365           [.509]
 FDUMMY6   .032826       .025418       1.29143           [.197]
 FDUMMY7   -.051462      .026073       -1.97374      *   [.049]
 FDUMMY8   .033709       .025348       1.32984           [.184]
 FDUMMY9   -.036482      .024606       -1.48266          [.139]
 FDUMMY10  -.035397      .024702       -1.43297          [.152]
 FDUMMY11  -.037565      .025140       -1.49423          [.136]
 FDUMMY12  .949995E-02   .024627       .385753           [.700]
 FSTAT1    .045389       .033315       1.36244           [.173]
 FSTAT2    .010814       .029170       .370731           [.711]
 FSTAT3    -.803123E-02  .024779       -.324114          [.746]
 FSTAT4    .040509       .024926       1.62519           [.105]


 F(24,811)  Test Statistic: 4.311150, Upper tail area: .00000