Instrumental Variables (2SLS) Regression

Source

SS

df

MS

Number of obs=

67

Model

0.203131985

8

0.025391498

F (8, 59)=

5.86

Residual

0.25150568

58

0.004336305

Prob > F=

0.000

Total

0.454637665

66

0.006888449

R-squared=

0.4468

Adj R-squared=

0.3705

Root MSE=

.06585

TobinQ

Coef.

Std. Err.

t

p > |t|

[95% Conf.

Interval]

CDLTY_CG

0.0611

0.0281

2.17

0.034

0.0048292

0.1174382

AQ_CG

0.0956

0.0290

3.30

0.003

0.0375373

0.1536072

BS_CG

0.0132

0.0058

2.26

0.027

0.0015281

0.0248947

INSH_CG

0.0309

0.0099

3.34

0.001

0.123553

0.0493908

IND_CG

0.0028

0.0010

2.67

0.010

0.0006993

0.0048987

LEVRG

0.0099

0.0043

2.31

0.025

0.001318

0.0184999

TMSH_CG

0.0007

0.0012

0.58

0.567

−0.0017153

0.0031022

LISH_CG

0.0044

0.0014

3.03

0.004

0.0014859

0.0072617

_cons

−0.5671

0.4474

−1.27

0.210

−1.462713

0.3285621

Mean

dependent var

1.053

SD dependent var

0.083

R-squared

0.447

Number of obs

67

F-test

5.856

Prob > F

0.000

*** p < 0.01, ** p < 0.05, * p < 0.1.

No endogenous variable