ANALISIS TERHADAP SEMUA DATA

103 BANK LISTED

COMMON EFFECT MODEL

Dependent Variable: Y
Method: Panel Least Squares
Date: 11/24/20 Time: 17:54
Sample: 2010 2018
Periods included: 9
Cross-sections included: 84
Total panel (unbalanced) observations: 710

Coefficien
Variable t Std. Error t-Statistic Prob.  

X1 0.727107 0.432162 1.682488 0.0929

X2 0.005198 0.017644 0.294629 0.7684
X3 -0.148308 0.149542 -0.991750 0.3217
X4 0.862322 0.292214 2.950991 0.0033
X5 1.522088 0.256987 5.922814 0.0000
X6 0.773419 0.209523 3.691337 0.0002
X7 -0.964337 0.335834 -2.871474 0.0042
X8 0.531942 0.226990 2.343464 0.0194
C -0.174980 1.025760 -0.170586 0.8646

R-squared 0.121305    Mean dependent var 1.242254

Adjusted R-squared 0.111278    S.D. dependent var 2.730058
S.E. of regression 2.573683    Akaike info criterion 4.741148
Sum squared resid 4643.314    Schwarz criterion 4.799017
Log likelihood -1674.107    Hannan-Quinn criter. 4.763503
F-statistic 12.09680    Durbin-Watson stat 0.250957
Prob(F-statistic) 0.000000
FIXED EFFECT MODEL

Dependent Variable: Y
Method: Panel Least Squares
Date: 11/24/20 Time: 18:01
Sample: 2010 2018
Periods included: 9
Cross-sections included: 84
Total panel (unbalanced) observations: 710

Coefficien
Variable t Std. Error t-Statistic Prob.  

X1 0.098641 0.428477 0.230213 0.8180

X2 0.040392 0.014817 2.726033 0.0066
X3 -0.051996 0.190558 -0.272860 0.7851
X4 -0.281439 0.264061 -1.065812 0.2869
X5 0.517635 0.221177 2.340368 0.0196
X6 0.479140 0.236841 2.023042 0.0435
X7 -1.299299 0.423894 -3.065153 0.0023
X8 1.096143 0.189392 5.787704 0.0000
C -1.011327 0.904262 -1.118401 0.2638

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.766850    Mean dependent var 1.242254

Adjusted R-squared 0.732518    S.D. dependent var 2.730058
S.E. of regression 1.411949    Akaike info criterion 3.648197
Sum squared resid 1232.044    Schwarz criterion 4.239752
Log likelihood -1203.110    Hannan-Quinn criter. 3.876718
F-statistic 22.33681    Durbin-Watson stat 0.887549
Prob(F-statistic) 0.000000
RANDOM EFFECT MODEL

Dependent Variable: Y
Method: Panel EGLS (Cross-section random effects)
Date: 11/24/20 Time: 17:55
Sample: 2010 2018
Periods included: 9
Cross-sections included: 84
Total panel (unbalanced) observations: 710
Swamy and Arora estimator of component variances

Coefficien
Variable t Std. Error t-Statistic Prob.  

X1 0.226749 0.406234 0.558173 0.5769

X2 0.035484 0.014186 2.501338 0.0126
X3 -0.067599 0.172098 -0.392796 0.6946
X4 -0.139866 0.252298 -0.554368 0.5795
X5 0.608734 0.213909 2.845767 0.0046
X6 0.492906 0.213079 2.313255 0.0210
X7 -1.080458 0.380560 -2.839127 0.0047
X8 1.055140 0.181832 5.802833 0.0000
C -0.928785 0.893161 -1.039885 0.2988

Effects Specification
S.D.   Rho  

Cross-section random 2.196421 0.7076

Idiosyncratic random 1.411949 0.2924

Weighted Statistics

R-squared 0.096994    Mean dependent var 0.263368

Adjusted R-squared 0.086689    S.D. dependent var 1.478278
S.E. of regression 1.413367    Sum squared resid 1400.322
F-statistic 9.411998    Durbin-Watson stat 0.778157
Prob(F-statistic) 0.000000

Unweighted Statistics

R-squared 0.074131    Mean dependent var 1.242254

Sum squared resid 4892.598    Durbin-Watson stat 0.222718
CHOW TEST

Redundant Fixed Effects Tests

Equation: Untitled
Test cross-section fixed effects

Effects Test Statistic   d.f.  Prob. 

Cross-section F 20.615804 (83,618) 0.0000

Cross-section Chi-square 941.995182 83 0.0000

Cross-section fixed effects test equation:

Dependent Variable: Y
Method: Panel Least Squares
Date: 11/24/20 Time: 17:55
Sample: 2010 2018
Periods included: 9
Cross-sections included: 84
Total panel (unbalanced) observations: 710

Coefficien
Variable t Std. Error t-Statistic Prob.  

X1 0.727107 0.432162 1.682488 0.0929

X2 0.005198 0.017644 0.294629 0.7684
X3 -0.148308 0.149542 -0.991750 0.3217
X4 0.862322 0.292214 2.950991 0.0033
X5 1.522088 0.256987 5.922814 0.0000
X6 0.773419 0.209523 3.691337 0.0002
X7 -0.964337 0.335834 -2.871474 0.0042
X8 0.531942 0.226990 2.343464 0.0194
C -0.174980 1.025760 -0.170586 0.8646

R-squared 0.121305    Mean dependent var 1.242254

Adjusted R-squared 0.111278    S.D. dependent var 2.730058
S.E. of regression 2.573683    Akaike info criterion 4.741148
Sum squared resid 4643.314    Schwarz criterion 4.799017
Log likelihood -1674.107    Hannan-Quinn criter. 4.763503
F-statistic 12.09680    Durbin-Watson stat 0.250957
Prob(F-statistic) 0.000000
HAUSMAN TEST

Correlated Random Effects - Hausman Test

Equation: Untitled
Test cross-section random effects

Chi-Sq.
Test Summary Statistic Chi-Sq. d.f. Prob. 

Cross-section random 10.333417 8 0.2424

Cross-section random effects test comparisons:

Variable Fixed   Random  Var(Diff.)  Prob. 

X1 0.098641 0.226749 0.018566 0.3471

X2 0.040392 0.035484 0.000018 0.2513
X3 -0.051996 -0.067599 0.006695 0.8488
X4 -0.281439 -0.139866 0.006074 0.0693
X5 0.517635 0.608734 0.003162 0.1052
X6 0.479140 0.492906 0.010691 0.8941
X7 -1.299299 -1.080458 0.034860 0.2412
X8 1.096143 1.055140 0.002806 0.4389

Cross-section random effects test equation:

Dependent Variable: Y
Method: Panel Least Squares
Date: 11/24/20 Time: 17:56
Sample: 2010 2018
Periods included: 9
Cross-sections included: 84
Total panel (unbalanced) observations: 710

Coefficien
Variable t Std. Error t-Statistic Prob.  

C -1.011327 0.904262 -1.118401 0.2638

X1 0.098641 0.428477 0.230213 0.8180
X2 0.040392 0.014817 2.726033 0.0066
X3 -0.051996 0.190558 -0.272860 0.7851
X4 -0.281439 0.264061 -1.065812 0.2869
X5 0.517635 0.221177 2.340368 0.0196
X6 0.479140 0.236841 2.023042 0.0435
X7 -1.299299 0.423894 -3.065153 0.0023
X8 1.096143 0.189392 5.787704 0.0000
 Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.766850    Mean dependent var 1.242254

Adjusted R-squared 0.732518    S.D. dependent var 2.730058
S.E. of regression 1.411949    Akaike info criterion 3.648197
Sum squared resid 1232.044    Schwarz criterion 4.239752
Log likelihood -1203.110    Hannan-Quinn criter. 3.876718
F-statistic 22.33681    Durbin-Watson stat 0.887549
Prob(F-statistic) 0.000000

CORRELATIONS

  Y X1 X2 X3 X4 X5 X6 X7 X8
Y 1.000 0.050 -0.007 -0.018 0.125 0.260 0.177 0.016 0.187
X1 0.050 1.000 -0.113 -0.132 0.030 -0.099 -0.076 -0.105 0.038
X2 -0.007 -0.113 1.000 -0.045 -0.033 0.010 -0.079 -0.122 -0.160
X3 -0.018 -0.132 -0.045 1.000 0.266 0.000 -0.148 -0.122 0.085
X4 0.125 0.030 -0.033 0.266 1.000 -0.011 0.010 -0.058 0.182
X5 0.260 -0.099 0.010 0.000 -0.011 1.000 0.311 0.272 0.231
X6 0.177 -0.076 -0.079 -0.148 0.010 0.311 1.000 0.572 0.130
X7 0.016 -0.105 -0.122 -0.122 -0.058 0.272 0.572 1.000 -0.040
X8 0.187 0.038 -0.160 0.085 0.182 0.231 0.130 -0.040 1.000

NORMALITY TEST

240
Series: Standardized Residuals
Sample 2010 2018
200
Observations 710

160 Mean 2.83e-17

Median -0.016020
Maximum 6.949544
120
Minimum -4.706020
Std. Dev. 1.318226
80 Skewness 0.421286
Kurtosis 7.008763
40
Jarque-Bera 496.4116
Probability 0.000000
0
-5 -4 -3 -2 -1 0 1 2 3 4 5 6 7