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Correlated Random Effects - Hausman Test
Pool: Untitled
Test cross-section random effects
Test Summary
Chi-Sq. Statistic
Chi-Sq. d.f.
Prob.?
Cross-section random
0.108473
1
0.7419
** Warning: estimated cross-section random effects variance is zero.
Cross-section random effects test comparisons:
Variable
Fixed??
Random?
Var(Diff.)?
Prob.?
RSCH?
0.967936
0.967653
0.000001
0.7419
Cross-section random effects test equation:
Dependent Variable: RSYH?
Method: Panel Least Squares
Date: 07/04/10 Time: 12:17
Sample: 11/02/2009 6/08/2010
Included observations: 157
Cross-sections included: 4
Total pool (balanced) observations: 628
Variable
Coefficient
Std. Error
t-Statistic
Prob.??
C
0.000681
0.000338
2.012784
0.0446
RSCH?
0.967936
0.020887
46.34245
0.0000
BZ?
NA
NA
NA
NA
Effects Specification
Cross-section fixed (dummy variables)
R-squared
0.776033
????Mean dependent var
-0.000360
Adjusted R-squared
0.774233
????S.D. dependent var
0.017801
S.E. of regression
0.008458
????Akaike info criterion
-6.697859
Sum squared resid
0.044498
????Schwarz criterion
-6.655414
Log likelihood
2109.128
????F-statistic
431.0387
Durbin-Watson stat
1.781260
????Prob(F-statistic)
0.000000
Dependent Variable: RSYH_SHXP
Method: Least Squares
Date: 07/01/10 Time: 14:39
Sample: 11/02/2009 6/08/2010
Included observations: 157
Variable
Coefficient
Std. Error
t-Statistic
Prob.??
C
0.000950
0.000851
1.116543
0.2659
RSCH_SHXP
1.056604
0.057890
18.25180
0.0000
R-squared
0.682461
????Mean dependent var
-3.57E-05
Adjusted R-squared
0.680412
????S.D. dependent var
0.018820
S.E. of regression
0.010639
????Akaike info criterion
-6.235840
Sum squared resid
0.017546
????Schwarz criterion
-6.196907
Log likelihood
491.5134
????F-statistic
333.1283
Durbin-Watson stat
1.783377
????Prob(F-statistic)
0.000000
Dependent Variable: RSYH_SHDP
Method: Least Squares
Date: 07/01/10 Time: 14:40
Sample: 11/02/2009 6/08/2010
Included observations: 157
Variable
Coefficient
Std. Error
t-Statistic
Prob.??
C
-0.000448
0.000
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