LGC

NET

Coefficient

z-Statistic

Coefficient

z-Statistic

−0.010748

−0.800218

−0.000266

−0.039049

0.147019

5.529475

0.046439

2.787075

0.333992

3.50824

−0.041457

−0.314259

0.605237

4.971441

5.807653

3.823921

0.145801

4.967656

0.254013

3.212124

0.430746

15.43345

0.180134

1.560194

0.000818

0.179694

0.91789

2.032888

−0.013253

−7.263017

0.038089

0.349076

LR(5) for

3275.679

120.5251

Log-likelihood

−3676.269

−4803.723

Number of obs.

1695

1695

NNP

BPM

Coefficient

z-Statistic

Coefficient

z-Statistic

0.013873

0.882743

0.010335

1.050928

0.321808

11.44445

0.232892

7.921508

−0.157709

−0.754295

−0.079665

−0.888539

4.380666

2.716264

1.521202

4.532172

0.153753

2.890563

0.306757

5.878637

0.36902

3.713293

0.432921

7.024026

0.060351

1.615065

0.174588

3.642029

0.188021

1.568797

-0.002126

−3.301077

LR(5) for

32.16127

104.9082

Log-likelihood

−4489.871

−4237.116

Number of obs.

1695

1695