Table 3

Result of benchmark GAM with smoothed terms

EDoFp-valueSignificance code
dwt17.41.11E−16***Effective DoF117.111
tc20.51.11E−16***Log Likelihood−6837.018
nb18.71.11E−16***AIC13910.259
scrap16.61.11E−16***AICc13921.834
age19.81.11E−16***GCV5.804
libor18.41.11E−16***Scale5.327
scrubber1.05.20E−03**Pseudo R-Squared0.924
bwts1.09.19E−01   
eco1.03.71E−08***  
country_jp0.99.81E−01   
country_kr0.91.60E−02*  
country_cn0.91.11E−16***  
country_o0.005.76E−13***  
intercept0.001.11E−16***  

Note(s): ‘***': 0.001; ‘**': 0.01; ‘*': 0.05; ‘.': 0.1; ‘ ': 1

Source(s): Table by the author

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