Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

16.59569

11.15646

1.487542

0.1464

ACP

−0.04041

0.084915

−0.47583

0.6373

APP

−0.04117

0.00782

−5.26486

0

ICP

0.035959

0.174777

0.20574

0.8383

Effects Specification

Cross-section fixed (dummy variables)

R-squared

0.547165

Mean dependent var

6.295

Adjusted R-squared

0.464832

S.D. dependent var

16.8853

S.E. of regression

12.35247

Akaike info criterion

8.023218

Sum squared resid

5035.257

Schwarz criterion

8.318771

Log-likelihood

−153.464

Hannan-Quinn criter.

8.130081

F-statistic

6.645716

Durbin-Watson stat

0.983296

Prob(F-statistic)

0.000112