Variable | DK–FE | DK–RE | ||||
---|---|---|---|---|---|---|
Coeff. | Drisc/Kray std. err. | Prob. | Coeff. | Drisc/Kray std. err. | Prob. | |
Panel A | ||||||
Y | 2.7970 | 0.3585 | 0.000 | 2.7715 | 0.6156 | 0.000 |
Y2 | − 0.1318 | 0.0197 | 0.000 | − 0.1286 | 0.0322 | 0.002 |
CoFDI | − 0.0039 | 0.0019 | 0.069 | − 0.0031 | 0.0048 | 0.071 |
EI | 0.1207 | 0.1262 | 0.000 | 0.1256 | 0.0138 | 0.000 |
RE | − 0.0109 | 0.0007 | 0.000 | − 0.0112 | 0.0014 | 0.000 |
_Con | − 12.856 | 1.6175 | 0.000 | − 12.678 | 2.7768 | 0.001 |
Prob > Chi2 | 0.989 | |||||
Panel B | ||||||
Y | 2.8153 | 0.5627 | 0.000 | 2.8820 | 0.6345 | 0.001 |
Y2 | − 0.1239 | 0.0283 | 0.001 | − 0.1316 | 0.0304 | 0.001 |
CoFDI | 0.0650 | 0.0672 | 0.000 | 0.0672 | 0.0140 | 0.000 |
EI | 0.0885 | 0.0071 | 0.000 | 0.0842 | 0.0059 | 0.000 |
RE | − 0.0068 | 0.0019 | 0.003 | − 0.0071 | 0.0023 | 0.009 |
_Con | − 11.255 | 2.6936 | 0.001 | − 11.243 | 2.9729 | 0.002 |
Prob > Chi2 | 0.1321 |