Variable

Pooled OLS Robust Estimates

Fixed Effect Robust Estimates

Random Effect Estimates

Constant

0.000

0.000

0.000

(−14.84555)

(−18.4190)

(−14.8456)

logGFCF

0.422

0.292

0.422

(−0.1807)

(0.4257)

(−0.1807)

logTRADE

0.001*

0.001*

0.001*

(0.9458)

(1.3860)

(0.9458)

logINFLA

0.308

0.211

0.308

(0.1517)

(0.1848)

(0.1517)

logRER

0.000 *

0.000*

0.000*

(2.6759)

(2.6598)

(2.6759)

R²

0.4544

0.4821

0.4544

F-test

6.25

6.75

24.99

Hausman Test

Prob > Chi² = 0.4982

Heteroskedasticity-robust Standard Error (FE)

Prob > chi² = 0.5367

Testing for serial correlation (RE)

Prob > F = 0.3664