Effects Test

Statistic

d.f.

Prob.

Effects Test

Statistic

d.f.

Prob.

Cross-section F

8.886

−15,139.000

0.000

Cross-section F

4.804

−15,139.000

0.000

Cross-section Chi-square

107.586

15.000

0.000

Cross-section Chi-square

66.830

15.000

0.000

Test Summary

Chi-Sq. Statistic

Chi-Sq. d.f.

Prob.

Test Summary

Chi-Sq. Statistic

Chi-Sq. d.f.

Prob.

Cross-section random

14.770

5.000

0.011

Cross-section random

27.952

5.000

0.000

Test Statistic

Value

df

Probability

Test Statistic

Value

df

Probability

t-statistic

−12.004

139.000

0.000

t-statistic

−6.464

139.000

0.000

F-statistic

144.105

(1, 139)

0.000

F-statistic

41.777

(1, 139)

0.000

Chi-square

144.105

1.000

0.000

Chi-square

41.777

1.000

0.000

Test Statistic

Value

df

Probability

Test Statistic

Value

df

Probability

t-statistic

1.593

139.000

0.113

t-statistic

0.297

139.000

0.767

F-statistic

2.538

(1, 139)

0.113

F-statistic

0.088

(1, 139)

0.767

Chi-square

2.538

1.000

0.111

Chi-square

0.088

1.000

0.766