Dependent variable: Lending interest rate

Average values of significant coefficients

Model 6: Large banks

Independent variable

Weighted Least Squares

Fixed effect

No Lag

1 Lag

No Lag

1 Lag

const

−8.176

37.394***

−7.120

44.615***

il

0.277**

0.336**

0.307

id

0.220

−0.578***

0.214**

−0.664***

−0.343

ras

−0.404

0.353

−0.348

0.151

0.641

opcr

0.923***

−0.206

0.963***

−0.458

0.943

nplr

0.123

0.156

0.145

0.232**

0.232

siz

0.222**

−0.015

0.223***

0.009

0.223

liqr

0.117***

−0.069

0.117***

−0.065

0.117

provr

−0.049

0.024

−0.101

−0.164

smr

−1.010*

0.680

−0.993*

0.837

−1.002

rgdp

−0.082

−1.895*

−0.174

−2.447***

−2.171

infl

0.028

−0.335

0.033

−0.364**

−0.364

itbl

0.091

−0.257*

0.086

−0.246

−0.257

HHI_AS

0.020***

−0.010

0.019*

−0.013**

0.009

Adj R²

0.419

0.188

F-stastic

6.535***

2.496***

Null hypothesis

Groups common intercept: Welch F(7, 36.0) = 0.309; p-value = 0.944

Groups common intercept: Welch F(7, 32.5) = 0.796; p-value = 0.680