restricted ========== Method of estimation = Ordinary Least Squares Dependent variable: LPSE Number of observations: 610 Mean of dep. var. = 5.08721 LM het. test = .340446 [.560] Std. dev. of dep. var. = .986654 Durbin-Watson = 1.73347 [<.003] Sum of squared residuals = 273.922 Jarque-Bera test = 12.1332 [.002] Variance of residuals = .456537 Ramsey's RESET2 = 12.0826 [.001] Std. error of regression = .675675 F (zero slopes) = 77.6208 [.000] R-squared = .541452 Schwarz B.I.C. = 653.432 Adjusted R-squared = .534573 Log likelihood = -621.365 Estimated Standard Variable Coefficient Error t-statistic P-value LPRICE2 .206999 .057948 3.57213 ** [.000] LPRICE3 .205934 .096722 2.12914 * [.034] LPRICE4 .101184 .116949 .865195 [.387] LPRICE5 .244742 .101806 2.40400 * [.017] LPRICE6 .045189 .080780 .559415 [.576] LSUPPLY2 .090945 .038581 2.35724 * [.019] LSUPPLY3 .053509 .052695 1.01545 [.310] LSUPPLY4 .016499 .046277 .356530 [.722] LSUPPLY5 .035110 .044000 .797947 [.425] LSUPPLY6 .057667 .037273 1.54714 [.122] unrestricted ============ Method of estimation = Ordinary Least Squares Dependent variable: LPSE Number of observations: 610 Mean of dep. var. = 5.08721 LM het. test = .476928 [.490] Std. dev. of dep. var. = .986654 Durbin-Watson = 1.84571 [<.477] Sum of squared residuals = 236.637 Jarque-Bera test = 14.8550 [.001] Variance of residuals = .410828 Ramsey's RESET2 = .935998 [.334] Std. error of regression = .640958 F (zero slopes) = 26.2749 [.000] R-squared = .600851 Schwarz B.I.C. = 685.767 Adjusted R-squared = .577983 Log likelihood = -576.738 Estimated Standard Variable Coefficient Error t-statistic P-value LPRICE2 .132179 .058360 2.26489 * [.024] LPRICE3 .360651 .098827 3.64932 ** [.000] LPRICE4 .138963 .121871 1.14025 [.255] LPRICE5 .144245 .099156 1.45474 [.146] LPRICE6 .047669 .078283 .608935 [.543] LSUPPLY2 .147109 .065706 2.23890 * [.026] LSUPPLY3 .076036 .052001 1.46219 [.144] LSUPPLY4 .033659 .046569 .722779 [.470] LSUPPLY5 .038184 .042238 .904038 [.366] LSUPPLY6 .056275 .036062 1.56051 [.119] C 1.96621 .463734 4.23996 ** [.000] LSUPPLY1 -.137519 .071530 -1.92254 [.055] LTNS -.126437 .046531 -2.71729 ** [.007] FOWNER1 -.024683 .025753 -.958453 [.338] FOWNER2 .022893 .029622 .772829 [.440] FOWNER3 -.061710 .026996 -2.28590 * [.023] FOWNER4 -.056848 .031045 -1.83118 [.068] FOWNER5 -.102257E-02 .036497 -.028018 [.978] FDUMMY1 -.072962 .037581 -1.94146 [.053] FDUMMY2 -.085018 .027084 -3.13905 ** [.002] FDUMMY3 -.026344 .026338 -1.00023 [.318] FDUMMY4 -.037950 .027041 -1.40346 [.161] FDUMMY5 .027385 .027134 1.00925 [.313] FDUMMY6 -.051750 .031192 -1.65907 [.098] FDUMMY7 -.035267 .029672 -1.18853 [.235] FDUMMY8 -.755663E-03 .026165 -.028880 [.977] FDUMMY9 -.045436 .026774 -1.69706 [.090] FDUMMY10 -.012457 .025976 -.479570 [.632] FDUMMY11 .524664E-02 .029184 .179776 [.857] FDUMMY12 -.050485 .026730 -1.88874 [.059] FSTAT1 .029404 .035141 .836732 [.403] FSTAT2 .032821 .062997 .520996 [.603] FSTAT3 .020189 .023267 .867714 [.386] FSTAT4 .080364 .027855 2.88507 ** [.004] F(24,576) Test Statistic: 3.781561, Upper tail area: .00000