Variables/ Indicators | DELSTATEPCT = 1 | DELSTATEPCT = 0 | LGSTCHGIDX = 1 | LGSTCHGIDX = 0 | CTRLPCTSTATE = 1 | CTRLPCTSTATE = 0 |
MODX | 0.4679*** | 0.3001*** | 0.6770*** | 0.2040*** | 0.3410*** | 0.3322*** |
IDXYRRET | 1.1498*** | 1.2129*** | 1.2375*** | 1.2047*** | 1.2371*** | 1.0970*** |
LEVRATIO | 0.0955 | 0.1117* | −0.0897 | 0.1950 | −0.0291 | 0.0312 |
SIZE | −0.0155 | −0.0510*** | 0.0046 | −0.0500** | −0.0314** | −0.0300*** |
INDUSTRY | −0.0002 | −0.0015 | 0.0032 | −0.0075 | 0.0007 | 0.0017 |
CONS | 0.1949 | 0.9191*** | −0.1938 | 0.8501* | 0.5485** | 0.5433*** |
Adjusted-R2 | 0.6779 | 0.7848 | 0.7460 | 0.7852 | 0.7622 | 0.6403 |