Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

26.54487

57.53987

0.46133

0.6476

ACP

−0.031943

0.43795

−0.07294

0.9423

APP

−0.027142

0.040331

−0.67298

0.5056

ICP

−0.29052

0.90142

−0.32229

0.7493

Effects Specification

Cross-section fixed (dummy variables)

R-squared

0.089837

Mean dependent var

−1.997

Adjusted R-squared

−0.075648

S.D. dependent var

61.42729

S.E. of regression

63.70836

Akaike info criterion

11.30414

Sum squared resid

133938.9

Schwarz criterion

11.59969

Log-likelihood

−219.0827

Hannan-Quinn criter.

11.411

F-statistic

0.54287

Durbin-Watson stat

2.248295

Prob(F-statistic)

0.771729