Table 9

Regression results

Dependent: spot return
CopperCoefficientStd. err.tSig.
Constant (α)0.3320.1302.5430.011
Basis (β)0.1530.0236.5620.000
Results of coefficient restriction
Null (H0)Test stat.Sig.
β = 1836.470.000*
α = 0, β = 136.400.000*
Source(s): Authors’ calculation

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