Table 1 Model 1
Dependent Variable: MAX? | |||
|---|---|---|---|
Parameter | Coefficient | Standard Deviation | t Statistic |
C | − 745.17 | 349.46 | −2.13 |
MAX?(−1) | 0.77 | 0.09 | 8.54 |
PA? | 267.04 | 80.61 | 3.31 |
GAP?(−3) | 328.26 | 181.63 | 1.81 |
Fixed Effects (Cross) | |||
SAE--C | −245.84 | ||
SAW--C | 245.84 | ||
Adjusted R2 | 0.97 | Sample: annual data 2000–2018 | |
Observations after pooling data | 40 | ||