REGRESI DATA PANEL

Pooled Model (PLS).

Dependent Variable: PBV?

Method: Pooled Least Squares
Date: 06/18/21 Time: 15:01
Sample: 2008 2011
Included observations: 4
Cross-sections included: 10
Total pool (balanced) observations: 40

Variable Coefficient Std. Error t-Statistic Prob.  

DER? -5.567113 2.014482 -2.763546 0.0088

C 18.59721 2.992913 6.213750 0.0000

R-squared 0.167346    Mean dependent var 11.36275

Adjusted R-squared 0.145434    S.D. dependent var 9.925141
S.E. of regression 9.175073    Akaike info criterion 7.319565
Sum squared resid 3198.915    Schwarz criterion 7.404009
Log likelihood -144.3913    Hannan-Quinn criter. 7.350097
F-statistic 7.637186    Durbin-Watson stat 1.004737
Prob(F-statistic) 0.008767

Fixed Effect Model (FEM)

Dependent Variable: PBV?

Method: Pooled Least Squares
Date: 06/18/21 Time: 15:04
Sample: 2008 2011
Included observations: 4
Cross-sections included: 10
Total pool (balanced) observations: 40

Variable Coefficient Std. Error t-Statistic Prob.  

DER? -3.003483 4.599607 -0.652987 0.5189

C 15.26578 6.086077 2.508311 0.0180
Fixed Effects (Cross)
_ABDA--C -1.993924
_ASBI--C 9.549248
_ASDM--C 1.649187
_AHAP--C -2.031013
_ASJT--C -0.385394
_AMAG--C -6.232868
_ASRM--C -3.258375
_LPGI--C 14.99766
_MREI--C -6.761022
_PNIN--C -5.533495

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.603388    Mean dependent var 11.36275

Adjusted R-squared 0.466626    S.D. dependent var 9.925141
S.E. of regression 7.248577    Akaike info criterion 7.027904
Sum squared resid 1523.714    Schwarz criterion 7.492346
Log likelihood -129.5581    Hannan-Quinn criter. 7.195831
F-statistic 4.411936    Durbin-Watson stat 2.096076
Prob(F-statistic) 0.000818

CHOW TEST
H0 : Common Effect Model/PLS
H1 : Fixed Effect Model

Chi Suare < 0,05 ==> Terima H1

Random Effect Model (REM)

Dependent Variable: PBV?

Method: Pooled EGLS (Cross-section random effects)
Date: 06/18/21 Time: 15:05
Sample: 2008 2011
Included observations: 4
Cross-sections included: 10
Total pool (balanced) observations: 40
Swamy and Arora estimator of component variances

Variable Coefficient Std. Error t-Statistic Prob.  

DER? -4.899471 2.717161 -1.803158 0.0793

C 17.72961 4.200556 4.220777 0.0001
Random Effects (Cross)
_ABDA--C 0.472368
_ASBI--C 7.328704
_ASDM--C 1.408321
_AHAP--C -1.419480
_ASJT--C -0.955457
_AMAG--C -5.308671
_ASRM--C -1.263621
_LPGI--C 9.732175
_MREI--C -4.952907
_PNIN--C -5.041433

Effects Specification
S.D.   Rho  

Cross-section random 6.215715 0.4237

Idiosyncratic random 7.248577 0.5763

Weighted Statistics

R-squared 0.080256    Mean dependent var 5.723540

Adjusted R-squared 0.056053    S.D. dependent var 7.387786
S.E. of regression 7.177748    Sum squared resid 1957.762
F-statistic 3.315864    Durbin-Watson stat 1.635433
Prob(F-statistic) 0.076495

Unweighted Statistics

R-squared 0.164939    Mean dependent var 11.36275

Sum squared resid 3208.161    Durbin-Watson stat 0.998014
HAUSMAN TEST
H0 : Random Effect Model
H1 : Fixed Effect Model

Jika Chi Suare > 0,05 ==> Terima H0

Jika Chi Square < 0,05 ==> Terima H1

LM-TEST (Lagrange Multiplier Test)

H0 : CommonEffect Model
H1 : Random Effect Model

Jika Breusch-Pagan (Both) > 0,05 ==> Terima H0

Jika Breusch-Pagan (Both) < 0,05 ==> Tolak H0

PILIH 1 DARI KETIGA MODEL TERSEBUT MANA YANG TERBAIK DIGUNAKAN UNTUK ESTIMASI/
MEMPREDIKSI !!!!