Dependent Variable: Consulting to Total Fees (%) | ||||
Method: Panel EGLS (Period random effects) | ||||
Period: 2018-2021 | ||||
Cross-sections included: 34 | ||||
Total panel (balanced) observations: 136 | ||||
Variable | Coefficient | Std. Error | t-Statistic | Prob. |
Total Fees | −0.01921 | 0.041943 | −0.457935 | 0.6477 |
Constant | 3.575542 | 0.594965 | 6.009665 | 0 |
R-squared | 0.001586 | |||
For both variables, we used their natural logarithm in order to have normal distributions |