Variables

(1) FE

(2) FE

(3) FE

(4) FE

(5) FE

(6) FE

CONS

−17.126***

−15.556***

−16.224***

−16.879***

−15.556***

−17.226***

(−11.80)

(−11.50)

(−12.06)

(−11.68)

(−11.57)

(−11.88)

0.345***

0.360***

(3.13)

(2.73)

0.134**

0.115***

(2.41)

(2.73)

0.040

−0.080

(0.73)

(−1.24)

0.470***

0.394***

0.433***

0.457***

0.391***

(7.17)

(5.70)

(6.50)

(6.72)

(5.62)

0.420***

0.311**

0.450***

0.398***

0.364***

(3.33)

(2.53)

(3.70)

(3.28)

(2.88)

1.007***

0.517***

0.370***

0.470***

0.502***

0.306***

(16.87)

(6.40)

(4.03)

(5.75)

(6.12)

(3.93)

0.994***

0.421***

0.430***

0.463***

0.437***

0.454***

(6.46)

(2.72)

(2.81)

(2.99)

(2.75)

(3.93)

Adj.R2

0.842

0.869

0.873

0.871

0.869

0.874

Prob. F

0.000

0.00

0.00

0.00

0.00

0.00