POOLED EFFECT

FIXED EFFECT

RANDOM EFFECT

Variable

Coeff

Std. Err

Prob

Coeff

Std. Err

Prob

Coeff

Std. Err

Prob

C

5.176275

2.0282

0.0123

3.421653

1.95921

0.0843

3.907665

2.4583

0.1153

CCP

−0.04592

0.01917

0.0186

−0.02916

0.01854

0.1195

−0.03229

0.01807

0.0771

CRA

7.146863

1.46088

0.0000

8.349824

1.40996

0.0000

8.17202

1.3674

0.0000

IVP

0.032623

0.03013

0.2817

0.054273

0.06006

0.3687

0.034961

0.04489

0.4381

CPP

−0.04392

0.01412

0.0025

−0.07049

0.0143

0.0000

−0.06444

0.01379

0.0000

R-Squared

0.339926

0.311838

12.10209

0.000000

0.581844

0.517891

9.097957

0.000000

0.4227

0.398135

17.20677

0.000000

Adj. R-Squared

F-Stat

Prob (F-Stat)