Dependent Variable: liquid3?
Method: Pooled LS
Total pool (unbalanced) observations: 180
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Variable Coefficient Std. Error t-Statistic Prob.
C 3.677297 1.610798 2.282904 0.0237
NPL1? 0.001416 0.003631 0.390019 0.6970
ROE? -0.020423 0.013031 -1.567298 0.1189
CRT? -0.032367 0.040341 -0.802350 0.4235
CAR? -0.000502 0.002955 -0.169739 0.8654
R? -0.585069 0.128163 -4.565042 0.0000
M2? -0.020696 0.007302 -2.834309 0.0051
CPI? -0.026290 0.013806 -1.904314 0.0585
CRISIS? 0.153440 0.056394 2.720872 0.0072
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Redundant Fixed Effects Tests
Pool: POOL01
Test cross-section fixed effects
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Effects Test Statistic d.f. Prob.
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Cross-section F 2.202285 (24,147) 0.0023
Cross-section Chi-square 55.288562 24 0.0003
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Cross-section fixed effects test equation
Dependent Variable : liquide3?
Method: Panel LS
Total pool (unbalanced) observations: 180
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Variable Coefficient Std. Error t-Statistic Prob.
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C 3.677297 1.610798 2.282904 0.0237
NPL1? 0.001416 0.003631 0.390019 0.6970
ROE? -0.020423 0.013031 -1.567298 0.1189
CRT? -0.032367 0.040341 -0.802350 0.4235
CAR? -0.000502 0.002955 -0.169739 0.8654
R? -0.585069 0.128163 -4.565042 0.0000
M2? -0.020696 0.007302 -2.834309 0.0051
CPI? -0.026290 0.013806 -1.904314 0.0585
CRISIS? 0.153440 0.056394 2.720872 0.0072
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Correlated Random Effects - Hausman Test
Pool: POOL01
Test cross-section random effects
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Test Summary Chi-Sq. Statistic Chi-Sq. d.f. Prob.
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Cross-section random 18.335561 8 0.0188
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Cross-section random effects test comparisons:
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Variable Fixed Random Var(Diff.) Prob.
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NPL1? 0.002396 0.001880 0.000001 0.6673
ROE? 0.014504 -0.013181 0.000108 0.0078
CRT? 0.039446 -0.012123 0.000683 0.0484
CAR? 0.002749 0.000415 0.000002 0.0592
R? -0.463826 -0.562021 0.002863 0.0665
M2? -0.014390 -0.019343 0.000005 0.0273
CPI? -0.016828 -0.024317 0.000013 0.0351
CRISIS? 0.103260 0.143679 0.000417 0.0477
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