Table 3 Random effects model (REM)... | Emerald Publishing

Table 3

Random effects model (REM) coefficients, results and diagnostics for ROA and CRR

Variables	REM₁	ROA	CRR
Variables	REM₁	REM₂	REM₃	REM₄
DT	0.4707	0.4688	−0.1161	−0.1155
DT*GOV		−0.0447		0.0080
GOV	0.7882	0.9773	−0.4041	−0.4358
SIZE	−0.1514	−0.1514	0.0628	0.0629
AGE	0.0669	0.0668	−0.0017	−0.0018
COVID19	0.3945	0.3942	0.1127	0.1125
ALR	−0.0396*	−0.0394*	0.0064	0.0064
GROW	0.0344**	0.0345**	−0.0067*	−0.0067*
Constant	−3.8027	−3.7660	5.7159***	5.7021***
Prob > χ²	0.2620	0.3586	0.3867	0.4969
R²	5.83%	5.82%	2.43%	2.46%
Hausman test	0.2534	0.3368	0.2308	0.1547
Breusch- pagan Lagrangian test	19.36***	19.35***	13.42***	12.80***
Wooldridge test	0.008	0.020	0.010	0.002

Variables	REM₁	ROA	CRR
Variables	REM₁	REM₂	REM₃	REM₄
DT	0.4707	0.4688	−0.1161	−0.1155
DT*GOV		−0.0447		0.0080
GOV	0.7882	0.9773	−0.4041	−0.4358
SIZE	−0.1514	−0.1514	0.0628	0.0629
AGE	0.0669	0.0668	−0.0017	−0.0018
COVID19	0.3945	0.3942	0.1127	0.1125
ALR	−0.0396*	−0.0394*	0.0064	0.0064
GROW	0.0344**	0.0345**	−0.0067*	−0.0067*
Constant	−3.8027	−3.7660	5.7159***	5.7021***
Prob > χ²	0.2620	0.3586	0.3867	0.4969
R²	5.83%	5.82%	2.43%	2.46%
Hausman test	0.2534	0.3368	0.2308	0.1547
Breusch- pagan Lagrangian test	19.36***	19.35***	13.42***	12.80***
Wooldridge test	0.008	0.020	0.010	0.002

Note(s): ***, ** and * denote the significant levels at 0.01, 0.05 and 0.1, respectively