| Source | SS | df | MS | Number of obs = 17 |
| Model | 13,848.4243 | 4 | 3462.10607 | F(4, 12) =52.58 |
| Prob > F = 0 | ||||
| Residual | 790.205987 | 12 | 65.8504989 | R-squared = 0.946 |
| Adj R-squared = 0.928 | ||||
| Total | 14638.6303 | 16 | 914.914393 | Root MSE = 8.1148 |
| HP | r | Standard Deviation | T-Distribution | P > t |
| Profit tax | 0.0022009 | 0.0004931 | 4.46 | 0.001 |
| Stamp tax | −0.0004691 | 0.0003645 | −1.29 | 0.222 |
| General rates | 0.0005107 | 0.0007294 | 0.7 | 0.497 |
| Property tax | 0.0189292 | 0.0081129 | 2.33 | 0.038 |
| Constant | 42.80874 | 7.235366 | 5.92 | 0 |