Comparison of models
| Indicator | Model | |||
|---|---|---|---|---|
| Basic FE model | Model by stepwise procedure | Model with one-year lag | Model with two-year lag | |
| Total sum of squares | 594.43 | 594.43 | 482.97 | 398.24 |
| Residual sum of squares | 415.04 | 420.29 | 343.62 | 274.35 |
| R-Squared | 0.3018 | 0.2929 | 0.2885 | 0.3111 |
| Adj. R-Squared | 0.1874 | 0.1926 | 0.1600 | 0.1769 |
| F-statistic | 9.2339 on 22 and 470 DF | 15.2658 on 13 and 479 DF | 7.64979 on 22 and 415 DF | 7.7999 on 22 and 380 DF |
| p-value | < 2.22e-16 | < 2.22e-16 | < 2.22e-16 | < 2.22e-16 |
| Indicator | Model | |||
|---|---|---|---|---|
| Basic | Model by stepwise procedure | Model with one-year lag | Model with two-year lag | |
| Total sum of squares | 594.43 | 594.43 | 482.97 | 398.24 |
| Residual sum of squares | 415.04 | 420.29 | 343.62 | 274.35 |
| 0.3018 | 0.2929 | 0.2885 | 0.3111 | |
| Adj. | 0.1874 | 0.1926 | 0.1600 | 0.1769 |
| F-statistic | 9.2339 on 22 and 470 | 15.2658 on 13 and 479 | 7.64979 on 22 and 415 | 7.7999 on 22 and 380 |
| < 2.22e-16 | < 2.22e-16 | < 2.22e-16 | < 2.22e-16 | |
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