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file 55 c:/water.

txt
read (55) y x1 x2 x3 x4/skiplines=1
stat y x1 x2 x3 x4
ols y x1 x2 x3 x4/pcov pcor
print y x1 x2 x3 x4
*** double log estimation***
genr lny=log(y)
genr lnx1=log(x1)
genr lnx2=log(x2)
genr lnx3=log(x3)
genr lnx4=log(x4)
print lny lnx1 lnx2 lnx3 lnx4
ols lny lnx1 lnx2 lnx3 lnx4
stop
|_file 55 c:/water.txt
|_read (55) y x1 x2 x3 x4/skiplines=1
...SAMPLE RANGE IS NOW SET TO:
|_stat y x1 x2 x3 x4
NAME
N
MEAN
ST. DEV
CONSTANT-DIGITS
Y
72
6849.2
497.46
X1
72
129.78
142.29
X2
72
4.2361
2.8359
X3
72
20.728
1.0133
X4
72
28.893
2.5365

72
VARIANCE

MAXIMUM

5721.6
5.0000
0.0000
18.500
24.830

7921.6
725.00
13.000
22.700
32.500

0.24747E+06
20247.
8.0421
1.0268
6.4338

MINIMUM

|_ols y x1 x2 x3 x4/pcov pcor


REQUIRED MEMORY IS PAR=
8 CURRENT PAR=
2000
OLS ESTIMATION
72 OBSERVATIONS
DEPENDENT VARIABLE= Y
...NOTE..SAMPLE RANGE SET TO:
1,
72
R-SQUARE =
0.5988
R-SQUARE ADJUSTED =
0.5749
VARIANCE OF THE ESTIMATE-SIGMA**2 = 0.10520E+06
STANDARD ERROR OF THE ESTIMATE-SIGMA =
324.35
SUM OF SQUARED ERRORS-SSE= 0.70486E+07
MEAN OF DEPENDENT VARIABLE =
6849.2
LOG OF THE LIKELIHOOD FUNCTION = -515.864
MODEL SELECTION TESTS - SEE JUDGE ET AL. (1985,P.242)
AKAIKE (1969) FINAL PREDICTION ERROR - FPE =
0.11251E+06
(FPE IS ALSO KNOWN AS AMEMIYA PREDICTION CRITERION - PC)
AKAIKE (1973) INFORMATION CRITERION - LOG AIC =
11.631
SCHWARZ (1978) CRITERION - LOG SC =
11.789
MODEL SELECTION TESTS - SEE RAMANATHAN (1998,P.165)
CRAVEN-WAHBA (1979)
GENERALIZED CROSS VALIDATION - GCV =
0.11305E+06
HANNAN AND QUINN (1979) CRITERION =
0.11979E+06
RICE (1984) CRITERION =
0.11369E+06
SHIBATA (1981) CRITERION =
0.11149E+06
SCHWARZ (1978) CRITERION - SC =
0.13175E+06
AKAIKE (1974) INFORMATION CRITERION - AIC =
0.11248E+06

REGRESSION
ERROR
TOTAL

ANALYSIS OF VARIANCE - FROM MEAN


SS
DF
MS
0.10522E+08
4.
0.26304E+07
0.70486E+07
67.
0.10520E+06
0.17570E+08
71.
0.24747E+06

F
25.003
P-VALUE
0.000

REGRESSION
ERROR
TOTAL

ANALYSIS OF VARIANCE - FROM ZERO


SS
DF
MS
0.33882E+10
5.
0.67763E+09
0.70486E+07
67.
0.10520E+06
0.33952E+10
72.
0.47156E+08

F
6441.226
P-VALUE
0.000

COEF.OF.VARIATION
0.72630E-01
1.0964
0.66945
0.48887E-01
0.87788E-01

VARIABLE
NAME

ESTIMATED
COEFFICIENT

STANDARD
ERROR

X1
-0.48245E-01 0.30572
X2
-18.356
16.449
X3
173.09
42.837
X4
-99.953
20.579
CONSTANT
6233.4
1231.6

T-RATIO
67 DF
-0.15781
-1.1159
4.0407
-4.8572
5.0611

PARTIAL STANDARDIZED ELASTICITY


P-VALUE CORR. COEFFICIENT AT MEANS
0.8751-0.0193 -0.13800E-01 -0.91414E-03
0.2684-0.1351 -0.10464
-0.11353E-01
0.0001 0.4427 0.35259
0.52383
0.0000-0.5103 -0.50965
-0.42165
0.0000 0.5259
0.0000
0.91009

VARIANCE-COVARIANCE MATRIX OF COEFFICIENTS


X1
0.93467E-01
X2
-0.22055E-01
270.57
X3
3.8860
76.544
1835.0
X4
2.5279
-158.00
294.29
CONSTANT -165.62
1835.3
-47367.
X1
X2
X3

423.47
-17994.
X4

0.15169E+07
CONSTANT

CORRELATION MATRIX OF COEFFICIENTS


X1
1.0000
X2
-0.43856E-02
1.0000
X3
0.29673
0.10863
1.0000
X4
0.40180
-0.46678
0.33384
CONSTANT -0.43986
0.90593E-01 -0.89780
X1
X2
X3

1.0000
-0.70997
X4

1.0000
CONSTANT

DURBIN-WATSON = 1.0265
VON NEUMANN RATIO = 1.0409
RHO = 0.48565
RESIDUAL SUM = 0.28945E-09 RESIDUAL VARIANCE = 0.10520E+06
SUM OF ABSOLUTE ERRORS=
18195.
R-SQUARE BETWEEN OBSERVED AND PREDICTED = 0.5988
RUNS TEST:
22 RUNS,
39 POS,
0 ZERO,
33 NEG NORMAL STATISTIC = -3.5262
COEFFICIENT OF SKEWNESS = -0.4900 WITH STANDARD DEVIATION OF 0.2829
COEFFICIENT OF EXCESS KURTOSIS =
0.0787 WITH STANDARD DEVIATION OF 0.5588
JARQUE-BERA NORMALITY TEST- CHI-SQUARE(2 DF)=

2.7617 P-VALUE= 0.251

GOODNESS OF FIT TEST FOR NORMALITY OF RESIDUALS - 10 GROUPS


OBSERVED 1.0 2.0 4.0 12.0 14.0 19.0 13.0 6.0 1.0 0.0
EXPECTED 0.6 2.0 5.7 11.5 16.3 16.3 11.5 5.7 2.0 0.6
CHI-SQUARE =
2.9025 WITH 3 DEGREES OF FREEDOM, P-VALUE= 0.407
|_print y x1 x2 x3 x4
Y
X1
X2
X3
X4
6370.419
77.00000
13.00000
21.20000
32.00000
5721.639
30.00000
8.000000
21.80000
31.85000
6334.189
105.0000
7.000000
20.70000
31.70000
6208.368
60.00000
7.000000
20.80000
32.10000
6468.578
42.00000
9.000000
20.40000
32.14000
6145.496
18.00000
11.00000
21.00000
32.11000
6422.737
245.0000
10.00000
20.60000
32.13000
6527.916
95.00000
6.000000
20.80000
31.92000
6403.085
61.00000
5.000000
20.80000
32.16000
6548.120
84.00000
2.000000
20.10000
32.17000
6406.377
11.00000
5.000000
19.50000
32.37000
6766.249
28.00000
4.000000
20.50000
32.50000
6617.529
36.00000
5.000000
21.10000
32.44000
6044.399
35.00000
4.000000
21.00000
32.50000
6447.317
86.00000
10.00000
20.00000
32.17000
6398.444
26.00000
7.000000
19.80000
32.01000
6649.687
176.0000
5.000000
19.20000
32.00000
6450.410
234.0000
4.000000
19.40000
32.01000
6632.064
290.0000
7.000000
19.30000
31.99000
6605.694
75.00000
5.000000
18.90000
31.69000
6335.733
83.00000
4.000000
18.50000
31.51000
6601.398
99.00000
11.00000
18.70000
31.40000
6404.576
81.00000
7.000000
19.50000
30.73000
6669.968
156.0000
4.000000
19.40000
30.68000
6552.879
5.000000
4.000000
19.40000
30.33000
6241.712
9.000000
6.000000
19.60000
30.06000
6676.907
10.00000
3.000000
20.30000
30.04000

6495.717
159.0000
6663.262
95.00000
6592.097
53.00000
6697.855
109.0000
6698.827
198.0000
6597.726
140.0000
6698.282
220.0000
6591.540
64.00000
6699.389
68.00000
6699.892
158.0000
6439.520
57.00000
6700.000
230.0000
6598.727
224.0000
6699.671
64.00000
6599.789
133.0000
6699.485
14.00000
6699.888
8.000000
6599.729
8.000000
6998.159
371.0000
7191.342
112.0000
7448.977
29.00000
7248.837
123.0000
6521.843
386.0000
7252.092
725.0000
6994.081
641.0000
7408.459
584.0000
7234.309
361.0000
7454.547
51.00000
7488.550
212.0000
7244.881
211.0000
7447.761
195.0000
7226.582
58.00000
7634.126
234.0000
7592.526
53.00000
7826.337
43.00000
7537.724
16.00000
7311.936
162.0000
7552.143
77.00000
7409.681
180.0000
7643.423
50.00000
7521.230
60.00000
7603.693
28.00000
7921.560
66.00000
7434.245
37.00000
7870.909
20.00000
|_*** double log estimation***
|_genr lny=log(y)
|_genr lnx1=log(x1)
|_genr lnx2=log(x2)
..WARNING.ILLEGAL LOG IN OBS
..OBSERVATION
30 IS ASSIGNED
..WARNING.ILLEGAL LOG IN OBS
..OBSERVATION
51 IS ASSIGNED
..WARNING.ILLEGAL LOG IN OBS
..OBSERVATION
62 IS ASSIGNED
..WARNING.ILLEGAL LOG IN OBS
..OBSERVATION
64 IS ASSIGNED
|_genr lnx3=log(x3)
|_genr lnx4=log(x4)
|_print lny lnx1 lnx2 lnx3 lnx4
LNY
LNX1
8.759421
4.343805
8.652011
3.401197
8.753717
4.653960
8.733653
4.094345
8.774712
3.737670
8.723475
2.890372
8.767600
5.501258
8.783843
4.553877
8.764535
4.110874

5.000000
1.000000
0.000000
6.000000
1.000000
3.000000
5.000000
3.000000
4.000000
4.000000
3.000000
6.000000
2.000000
4.000000
6.000000
1.000000
1.000000
2.000000
2.000000
2.000000
6.000000
4.000000
4.000000
0.000000
2.000000
2.000000
1.000000
4.000000
4.000000
6.000000
3.000000
7.000000
7.000000
3.000000
0.000000
2.000000
0.000000
3.000000
1.000000
1.000000
2.000000
1.000000
3.000000
3.000000
2.000000

20.60000
21.50000
20.70000
19.50000
20.30000
21.30000
20.30000
21.00000
21.40000
20.80000
20.00000
20.10000
20.30000
21.50000
20.60000
20.40000
21.00000
20.60000
19.70000
20.10000
19.90000
20.20000
20.40000
20.10000
20.30000
21.00000
21.30000
20.70000
20.80000
21.50000
21.20000
21.90000
22.60000
22.20000
22.40000
22.40000
22.70000
22.60000
22.50000
22.00000
21.40000
22.00000
22.20000
21.50000
22.60000

30,VALUE= 0.00
USING
MISSING CODE=-99999.
51,VALUE= 0.00
USING
MISSING CODE=-99999.
62,VALUE= 0.00
USING
MISSING CODE=-99999.
64,VALUE= 0.00
USING
MISSING CODE=-99999.

LNX2
2.564949
2.079442
1.945910
1.945910
2.197225
2.397895
2.302585
1.791759
1.609438

LNX3
3.054001
3.081910
3.030134
3.034953
3.015535
3.044522
3.025291
3.034953
3.034953

30.24000
29.81000
29.67000
29.35000
29.53000
29.58000
28.76000
29.02000
28.46000
28.26000
28.41000
28.23000
27.47000
27.05000
27.06000
26.29000
25.95000
25.16000
25.06000
25.19000
25.58000
25.26000
25.09000
24.83000
25.07000
25.52000
25.48000
26.01000
26.20000
26.53000
27.18000
26.90000
26.67000
27.00000
26.74000
27.18000
27.75000
27.76000
27.65000
27.59000
27.39000
27.50000
27.32000
27.41000
27.45000

MISSING CODE=-99999.
MISSING CODE=-99999.
MISSING CODE=-99999.
MISSING CODE=-99999.

LNX4
3.465736
3.461037
3.456317
3.468856
3.470101
3.469168
3.469790
3.463233
3.470723

8.786933
8.765049
8.819702
8.797477
8.706887
8.771419
8.763810
8.802325
8.771899
8.799671
8.795687
8.753961
8.795037
8.764768
8.805370
8.787660
8.739010
8.806410
8.778898
8.804364
8.793627
8.809543
8.809688
8.794480
8.809606
8.793542
8.809772
8.809847
8.770209
8.809863
8.794632
8.809814
8.794793
8.809786
8.809846
8.794784
8.853402
8.880633
8.915832
8.888596
8.782912
8.889045
8.852819
8.910378
8.886590
8.916579
8.921130
8.888050
8.915669
8.885521
8.940384
8.934920
8.965250
8.927676
8.897263
8.929587
8.910543
8.941601
8.925485
8.936389
8.977343
8.913852
8.970929

4.430817
2.397895
3.332205
3.583519
3.555348
4.454347
3.258097
5.170484
5.455321
5.669881
4.317488
4.418841
4.595120
4.394449
5.049856
1.609438
2.197225
2.302585
5.068904
4.553877
3.970292
4.691348
5.288267
4.941642
5.393628
4.158883
4.219508
5.062595
4.043051
5.438079
5.411646
4.158883
4.890349
2.639057
2.079442
2.079442
5.916202
4.718499
3.367296
4.812184
5.955837
6.586172
6.463029
6.369901
5.888878
3.931826
5.356586
5.351858
5.273000
4.060443
5.455321
3.970292
3.761200
2.772589
5.087596
4.343805
5.192957
3.912023
4.094345
3.332205
4.189655
3.610918
2.995732

0.6931472
1.609438
1.386294
1.609438
1.386294
2.302585
1.945910
1.609438
1.386294
1.945910
1.609438
1.386294
2.397895
1.945910
1.386294
1.386294
1.791759
1.098612
1.609438
0.000000
-99999.00
1.791759
0.000000
1.098612
1.609438
1.098612
1.386294
1.386294
1.098612
1.791759
0.6931472
1.386294
1.791759
0.000000
0.000000
0.6931472
0.6931472
0.6931472
1.791759
1.386294
1.386294
-99999.00
0.6931472
0.6931472
0.000000
1.386294
1.386294
1.791759
1.098612
1.945910
1.945910
1.098612
-99999.00
0.6931472
-99999.00
1.098612
0.000000
0.000000
0.6931472
0.000000
1.098612
1.098612
0.6931472

3.000720
2.970414
3.020425
3.049273
3.044522
2.995732
2.985682
2.954910
2.965273
2.960105
2.939162
2.917771
2.928524
2.970414
2.965273
2.965273
2.975530
3.010621
3.025291
3.068053
3.030134
2.970414
3.010621
3.058707
3.010621
3.044522
3.063391
3.034953
2.995732
3.000720
3.010621
3.068053
3.025291
3.015535
3.044522
3.025291
2.980619
3.000720
2.990720
3.005683
3.015535
3.000720
3.010621
3.044522
3.058707
3.030134
3.034953
3.068053
3.054001
3.086487
3.117950
3.100092
3.109061
3.109061
3.122365
3.117950
3.113515
3.091042
3.063391
3.091042
3.100092
3.068053
3.117950

|_ols lny lnx1 lnx2 lnx3 lnx4


REQUIRED MEMORY IS PAR=
11 CURRENT PAR=
2000
OLS ESTIMATION
72 OBSERVATIONS
DEPENDENT VARIABLE= LNY
...NOTE..SAMPLE RANGE SET TO:
1,
72

3.471034
3.477232
3.481240
3.479392
3.481240
3.471034
3.466048
3.465736
3.466048
3.465423
3.456001
3.450305
3.446808
3.425239
3.423611
3.412137
3.403195
3.402530
3.409166
3.394844
3.390136
3.379293
3.385407
3.387098
3.358986
3.367985
3.348500
3.341447
3.346741
3.340385
3.313095
3.297687
3.298057
3.269189
3.256172
3.225255
3.221273
3.226447
3.241811
3.229222
3.222469
3.212053
3.221672
3.239462
3.237894
3.258481
3.265759
3.278276
3.302481
3.292126
3.283539
3.295837
3.286161
3.302481
3.323236
3.323596
3.319626
3.317453
3.310178
3.314186
3.307619
3.310908
3.312366

R-SQUARE =
0.5828
R-SQUARE ADJUSTED =
0.5579
VARIANCE OF THE ESTIMATE-SIGMA**2 = 0.22814E-02
STANDARD ERROR OF THE ESTIMATE-SIGMA = 0.47764E-01
SUM OF SQUARED ERRORS-SSE= 0.15285
MEAN OF DEPENDENT VARIABLE =
8.8293
LOG OF THE LIKELIHOOD FUNCTION = 119.415
MODEL SELECTION TESTS - SEE JUDGE ET AL. (1985,P.242)
AKAIKE (1969) FINAL PREDICTION ERROR - FPE =
0.24398E-02
(FPE IS ALSO KNOWN AS AMEMIYA PREDICTION CRITERION - PC)
AKAIKE (1973) INFORMATION CRITERION - LOG AIC = -6.0161
SCHWARZ (1978) CRITERION - LOG SC =
-5.8580
MODEL SELECTION TESTS - SEE RAMANATHAN (1998,P.165)
CRAVEN-WAHBA (1979)
GENERALIZED CROSS VALIDATION - GCV =
0.24516E-02
HANNAN AND QUINN (1979) CRITERION =
0.25977E-02
RICE (1984) CRITERION =
0.24653E-02
SHIBATA (1981) CRITERION =
0.24178E-02
SCHWARZ (1978) CRITERION - SC =
0.28571E-02
AKAIKE (1974) INFORMATION CRITERION - AIC =
0.24392E-02

REGRESSION
ERROR
TOTAL

ANALYSIS OF VARIANCE - FROM MEAN


SS
DF
MS
0.21355
4.
0.53388E-01
0.15285
67.
0.22814E-02
0.36640
71.
0.51606E-02

F
23.402
P-VALUE
0.000

REGRESSION
ERROR
TOTAL

ANALYSIS OF VARIANCE - FROM ZERO


SS
DF
MS
5613.1
5.
1122.6
0.15285
67.
0.22814E-02
5613.3
72.
77.962

F
492084.900
P-VALUE
0.000

VARIABLE
NAME

ESTIMATED
COEFFICIENT

LNX1
0.32779E-02
LNX2
-0.12387E-06
LNX3
0.51228
LNX4
-0.44850
CONSTANT
8.7689
|_stop
TYPE COMMAND

STANDARD
ERROR

T-RATIO
67 DF

0.53489E-02 0.61281
0.25242E-06 -0.49073
0.12666
4.0444
0.71310E-01 -6.2894
0.52599
16.671

PARTIAL STANDARDIZED ELASTICITY


P-VALUE CORR. COEFFICIENT AT MEANS
0.5421 0.0747 0.50509E-01 0.16105E-02
0.6252-0.0598 -0.39775E-01 0.77924E-04
0.0001 0.4430 0.34853
0.17582
0.0000-0.6093 -0.54980
-0.17067
0.0000 0.8976
0.0000
0.99316