Panel B: Dependant Variable: Profit

Variable

Coef.

Robust Std. Err

T

P > t

[95%Conf. Interval]

Inln

−0.9590563

0.2723842

−3.52

0.001

−1.508011

−.410102

Culn

−0.1615069

0.1779

−0.91

0.369

−.5200409

0.197027

idbt

−0.3216496

0.1821708

−1.77

0.084

−.6887908

0.0454915

cdbt

0.6761806

0.1214692

5.57

0.000

0.4313756

0.9209856

risk1

−15439.52

70398.94

−0.22

0.827

−157319.3

126440.2

rgdp_gr

−462.7228

853.7523

−0.54

0.591

−2183.348

1257.902

sr

1463.072

801.7946

1.82

0.075

−152.8389

3078.983

sbgdp

−135.3294

165.3162

−0.82

0.417

−468.5023

197.8435

_cons

−4668.048

6411.573

−0.73

0.470

−17589.72

8253.627