Dependent variable

regression model

EXPGAP

Fixed effect model

PTP

−5.48E−08***

(−4.031531)

FSR

0.000732

(1.246220)

STE

−0.000239*

(−1.948972)

EE

−0.000457

(−1.393338)

CE

0.000498***

(3.229896)

ME

−0.000537***

(−2.588827)

SSE

0.000738***

(7.402455)

constant

−0.994856***

(−296.0483)

R2

0.997529

Adjusted R2

0.997263