| Dependent Variable-LSR | |
| Variables | Random Effect |
| Cons | 8.339132 (0.0000)* |
| IR | −0.068424 (0.0000)* |
| MS | 0.009016 (0.1248) |
| DEU | 0.057958 (0.4765) |
| R-Squared | 0.406330 |
| F-statistic | 13.91692 |
| Prob (F-STATS) | 0.000001 |
| DURBIN-WATSON STATISTIC | 0.994923 |