(1)

OLS

(2)

FE

(3)

RE

dti

−0.0057***

−0.0052***

−0.0060***

(−3.71)

(−2.64)

(−3.59)

asset

−0.0924***

−0.3924**

−0.0863**

(−3.41)

(−2.33)

(−2.11)

roa

0.3632*

0.9551**

0.8384**

(1.96)

(0.64)

(1.41)

nop

−0.0211**

−0.0284**

−0.2295**

(−1.53)

(−0.74)

(−1.05)

nim

0.0551**

0.2020**

0.0998**

(0.25)

(0.90)

(0.57)

m2gdp

−0.4879

1.4748*

0.0763

(−0.71)

(1.67)

(0.11)

bci

−0.0151

0.0015

−0.0082

(−1.51)

(0.15)

(−0.87)

_cons

0.1866

3.0635

−1.6405

(0.08)

(0.69)

(−0.70)

r²

0.1397

0.3713

F-test

6.38

Prob > F = 0.0000

Wald chi²

68.82