. nl dycs_SJJ_final LEV
(obs = 450)
Iteration 0: residual SS = 1150.768
Iteration 1: residual SS = 93.49569
Source | SS df MS Number of obs = 450
-------------+------------------------------ F( 3, 446) = 641.39
Model | 403.367581 3 134.45586 Prob > F = 0.0000
Residual | 93.4956903 446 .209631593 R-squared = 0.8118
-------------+------------------------------ Adj R-squared = 0.8106
Total | 496.863272 449 1.10659971 Root MSE = .4578554
Res. dev. = 569.9452
Estimaion for dynamic capital structure
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LEV | Coef. Std. Err. t P>|t| [95% Conf. Interval]
-------------+----------------------------------------------------------------
a_CRED | .0248193 . . . . .
a_PCA | -3.107625 . . . . .
a_TANG | .5831318 . . . . .
a_DTS | -3.294117 . . . . .
a_NDTS | -.3713264 . . . . .
a_SIZE | -.2556117 . . . . .
a_SA | 1.053915 . . . . .
a_S5 | .5971249 . . . . .
a_SM | 2.692066 . . . . .
a_SD | .5920339 . . . . .
a_FCF | 1.087518 . . . . .
a_IP | .0011399 . . . . .
a_0 | 5.035165 . . . . .
b_DIS | .1067667 .0153065 6.98 0.000 .076685 .1368485
b_SIZE | .0665713 .0357308 1.86 0.063 -.0036503 .1367929
b_IO | -.0322624 .0177444 -1.82 0.070 -.0671354 .0026106
b_0 | -1.449566 .787392 -1.84 0.066 -2.997025 .0978937
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* Parameter a_0 taken as constant term in model & ANOVA table
(SEs, P values, CIs, and correlations are asymptotic approximations)