| Number of Obs: 3146 | |||||||||
| F(29, 3116) = 250.53 | |||||||||
| Prob > F = 0.0000 | |||||||||
| R-squared = 0.8710 | |||||||||
| Root MSE = 22.194 | |||||||||
| thours = dependent | Coefficients | Robust Std. Err. | t | P > t | [95% Conf.] | ||||
| Covariates | |||||||||
| Cvol | 0.0813301 | 0.0022094 | 36.810 | 0.000 | 0.0769981 | 0.0856622 | |||
| vol2 | −0.0000053 | 0.0000006 | −8.530 | 0.000 | −0.0000065 | −0.0000041 | |||
| volcurb | 0.0270784 | 0.0204113 | 1.330 | 0.185 | −0.0129426 | 0.0670994 | |||
| volcbu | −0.0725671 | 0.0359772 | −2.020 | 0.044 | −0.1431086 | −0.0020257 | |||
| volcent | 0.0072648 | 0.0197153 | 0.370 | 0.713 | −0.0313915 | 0.0459212 | |||
| voldoor | −0.0124164 | 0.0152493 | −0.810 | 0.416 | −0.0423161 | 0.0174833 | |||
| volbr | −0.0003747 | 0.0206299 | −0.020 | 0.986 | −0.0408243 | 0.0400748 | |||
| voliam | −0.0462756 | 0.0134243 | −3.450 | 0.001 | −0.0725971 | −0.0199542 | |||
| volfdp | −0.0550723 | 0.0151079 | −3.650 | 0.000 | −0.0846947 | −0.0254498 | |||
| volifr | 0.0306551 | 0.0168253 | 1.820 | 0.069 | −0.0023346 | 0.0636449 | |||
| volcv | −0.0000378 | 0.0000171 | −2.220 | 0.027 | −0.0000713 | −0.0000044 | |||
| Ccv | 0.0095768 | 0.0086620 | 1.110 | 0.269 | −0.0074070 | 0.0265606 | |||
| cv2 | 0.0000176 | 0.0000030 | 5.930 | 0.000 | 0.0000118 | 0.0000235 | |||
| Ccurb | 1.1207270 | 7.2289530 | 0.160 | 0.877 | −13.0532700 | 15.2947200 | |||
| Ccbu | −19.9691900 | 11.1230400 | −1.800 | 0.073 | −41.7784300 | 1.8400450 | |||
| Ccent | 10.7491700 | 6.5281810 | 1.650 | 0.100 | −2.0508020 | 23.5491400 | |||
| Cdoor | −2.8270550 | 5.0978520 | −0.550 | 0.579 | −12.8225400 | 7.1684330 | |||
| Cbr | −2.9026710 | 6.1822770 | −0.470 | 0.639 | −15.0244200 | 9.2190780 | |||
| Ciam | −28.2502300 | 3.7681750 | −7.500 | 0.000 | −35.6385900 | −20.8618800 | |||
| Cfdp | −35.3579100 | 4.0966100 | −8.630 | 0.000 | −43.3902400 | −27.3255800 | |||
| Cifr | 1.6938050 | 5.0887680 | 0.330 | 0.739 | −8.2838720 | 11.6714800 | |||
| curb2 | 3.8599290 | 5.6633330 | 0.680 | 0.496 | −7.2443130 | 14.9641700 | |||
| cbu2 | −7.7040280 | 6.6341400 | −1.160 | 0.246 | −20.7117500 | 5.3037000 | |||
| cent2 | −43.3282700 | 9.1974540 | −4.710 | 0.000 | −61.3619500 | −25.2945800 | |||
| door2 | −8.2948350 | 5.2232330 | −1.590 | 0.112 | −18.5361600 | 1.9464920 | |||
| br2 | −18.9822600 | 8.5685330 | −2.220 | 0.027 | −35.7828000 | −2.1817160 | |||
| iam2 | −2.8435370 | 5.5828790 | −0.510 | 0.611 | −13.7900300 | 8.1029570 | |||
| fdp2 | 1.0518450 | 5.9419160 | 0.180 | 0.860 | −10.5986200 | 12.7023100 | |||
| ifr2 | −16.0448000 | 6.9424530 | −2.310 | 0.021 | −29.6570500 | −2.4325600 | |||
| _cons | 49.3815800 | 0.7297492 | 67.670 | 0.000 | 47.9507400 | 50.8124200 | |||
| Estimates | Covariances | ||||||||
| Alpha_Vol | Alpha_Zero | ||||||||
| Alpha_Vol | 0.0813301 | 4.88E−06 | 0.00085156 | ||||||
| Alpha_Zero | 49.38158 | 0.00085156 | 0.53253391 | ||||||
| Sample Mean | Volune-Elasticitiy of thours | ||||||||
| 376.8382 | 0.62064233 | ||||||||