Variable

Coefficient

Std. Error

t-Statistic

Prob.

Variable

Coefficient

Std. Error

t-Statistic

Prob.

LNPL

−0.145

0.072

−2.007

0.047

LNPL

0.172

0.146

1.182

0.239

LNPK

0.001

0.008

0.075

0.941

LNPK

0.006

0.016

0.411

0.682

LNPF

0.262

0.039

6.702

0.000

LNPF

0.135

0.079

1.712

0.089

LNRISK

0.246

0.133

1.847

0.067

LNRISK

−0.975

0.268

−3.644

0.000

LNASSET

−0.012

0.032

−0.380

0.705

LNASSET

−0.241

0.065

−3.720

0.000

C

−0.287

0.773

−0.371

0.711

C

6.529

1.555

4.199

0.000

Cross-section fixed (dummy variables)

Cross-section fixed (dummy variables)

R-squared

0.565

Mean dependent var

−3.582

R-squared

0.371

Mean dependent var

2.893