Table 3

FA and SOLV–Fixed and random effects models

VariableFASOLV
Fixed effectsRandom effectsFixed effectsRandom effects
fact0.00129***0.00454***0.01185***0.01125***
(2.88)(10.42)(11.4)(11.06)
age −0.00111*** −0.00405***
 (−74.42) (−99.24)
jurnat−0.00001***−0.00001***−0.00005***−0.00004***
(−9.90)(−25.13)(−14.75)(−24.00)
nempl0.00002***−0.00002***0.00001***−0.00001***
(12.91)(13.94)(2.73)(3.11)

Note(s): *, **, *** statistically significant coefficients for 10%, 5% and 1%, respectively. Fixed Effects–R2 = 0.0021; Random Effects–R2 = 0.0116; Hausman Test: Prob > chi2 = 0.0000; for FA. Fixed Effects–R2 = 0.0025; Random Effects–R2 = 0.0186; Hausman Test: Prob > chi2 = 0.0000; for SOLV

or Create an Account

Close Modal
Close Modal