OUTPUT

1. Pooled Least Square

Dependent Variable: Y?
Method: Pooled Least Squares
Date: 11/21/17 Time: 10:09
Sample: 2015 2016
Included observations: 2
Cross-sections included: 16
Total pool (balanced) observations: 32
Cross sections without valid observations dropped

Variable Coefficient Std. Error t-Statistic Prob.

C 2014.597 0.411296 4898.166 0.0000

X1? 0.004890 0.002139 2.286428 0.0300
X2? 0.240086 0.125835 1.907947 0.0667
X3? 2.66E-08 1.03E-07 0.258062 0.7982

R-squared 0.164151 Mean dependent var 2015.500

Adjusted R-squared 0.074596 S.D. dependent var 0.508001
S.E. of regression 0.488686 Akaike info criterion 1.522275
Sum squared resid 6.686792 Schwarz criterion 1.705492
Log likelihood -20.35641 Hannan-Quinn criter. 1.583007
F-statistic 1.832959 Durbin-Watson stat 3.564783
Prob(F-statistic) 0.164085

2. Fixed

Dependent Variable: Y?
Method: Pooled Least Squares
Date: 11/21/17 Time: 10:11
Sample: 2015 2016
Included observations: 2
Cross-sections included: 16
Total pool (balanced) observations: 32
Cross sections without valid observations dropped

Variable Coefficient Std. Error t-Statistic Prob.

C 2012.991 0.928518 2167.961 0.0000

X1? 0.009832 0.003598 2.732175 0.0171
X2? 0.893794 0.351624 2.541900 0.0246
X3? 1.37E-07 1.67E-07 0.823073 0.4253
Fixed Effects (Cross)
_AALI--C -0.037870
_AALI--C -0.037870
_ANJT--C 0.389048
_ANJT--C 0.389048
_BWPT--C 0.549740
_BWPT--C 0.549740
_DNSG--C -0.907076
_DNSG--C -0.907076
 _GOLL--C -0.078528
_GOLL--C -0.078528
_GZCO--C 0.182851
_GZCO--C 0.182851
_JAWA--C 0.654332
_JAWA--C 0.654332
_LSIP--C -0.752499
_LSIP--C -0.752499

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.377021 Mean dependent var 2015.500

Adjusted R-squared -0.485565 S.D. dependent var 0.508001
S.E. of regression 0.619170 Akaike info criterion 2.165840
Sum squared resid 4.983832 Schwarz criterion 3.036121
Log likelihood -15.65344 Hannan-Quinn criter. 2.454314
F-statistic 0.437082 Durbin-Watson stat 3.764706
Prob(F-statistic) 0.947691

Uji chow

Redundant Fixed Effects Tests

Pool: POOL
Test cross-section fixed effects

Effects Test Statistic d.f. Prob.

Cross-section F 0.296137 (15,13) 0.9865

Cross-section Chi-square 9.405924 15 0.8554

Cross-section fixed effects test equation:

Dependent Variable: Y?
Method: Panel Least Squares
Date: 11/21/17 Time: 10:11
Sample: 2015 2016
Included observations: 2
Cross-sections included: 16
Total pool (balanced) observations: 32

Variable Coefficient Std. Error t-Statistic Prob.

C 2014.597 0.411296 4898.166 0.0000

X1? 0.004890 0.002139 2.286428 0.0300
X2? 0.240086 0.125835 1.907947 0.0667
X3? 2.66E-08 1.03E-07 0.258062 0.7982

R-squared 0.164151 Mean dependent var 2015.500

Adjusted R-squared 0.074596 S.D. dependent var 0.508001
S.E. of regression 0.488686 Akaike info criterion 1.522275
Sum squared resid 6.686792 Schwarz criterion 1.705492
Log likelihood -20.35641 Hannan-Quinn criter. 1.583007
F-statistic 1.832959 Durbin-Watson stat 3.564783
Prob(F-statistic) 0.164085

3. RANDOM

Dependent Variable: Y?
Method: Pooled EGLS (Cross-section random effects)
Date: 11/21/17 Time: 10:12
Sample: 2015 2016
Included observations: 2
Cross-sections included: 16
Total pool (balanced) observations: 32
Swamy and Arora estimator of component variances
Cross sections without valid observations dropped

Variable Coefficient Std. Error t-Statistic Prob.

C 2014.597 0.521116 3865.924 0.0000

X1? 0.004890 0.002710 1.804585 0.0819
X2? 0.240086 0.159434 1.505866 0.1433
X3? 2.66E-08 1.31E-07 0.203678 0.8401
Random Effects (Cross)
_AALI--C 0.000000
_AALI--C 0.000000
_ANJT--C 0.000000
_ANJT--C 0.000000
_BWPT--C 0.000000
_BWPT--C 0.000000
_DNSG--C 0.000000
_DNSG--C 0.000000
_GOLL--C 0.000000
_GOLL--C 0.000000
_GZCO--C 0.000000
_GZCO--C 0.000000
_JAWA--C 0.000000
_JAWA--C 0.000000
_LSIP--C 0.000000
_LSIP--C 0.000000

Effects Specification
S.D. Rho

Cross-section random 0.000000 0.0000

Idiosyncratic random 0.619170 1.0000

Weighted Statistics

R-squared 0.164151 Mean dependent var 2015.500

Adjusted R-squared 0.074596 S.D. dependent var 0.508001
S.E. of regression 0.488686 Sum squared resid 6.686792
F-statistic 1.832959 Durbin-Watson stat 3.564783
Prob(F-statistic) 0.164085

Unweighted Statistics

R-squared 0.164151 Mean dependent var 2015.500

Sum squared resid 6.686792 Durbin-Watson stat 3.564783

HAUSMANN

Correlated Random Effects - Hausman Test

Pool: POOL
Test cross-section random effects

Chi-Sq.
Test Summary Statistic Chi-Sq. d.f. Prob.

Cross-section random 4.442059 3 0.2175

** WARNING: estimated cross-section random effects variance is zero.

Cross-section random effects test comparisons:

Variable Fixed Random Var(Diff.) Prob.

X1? 0.009832 0.004890 0.000006 0.0369

X2? 0.893794 0.240086 0.098220 0.0370
X3? 0.000000 0.000000 0.000000 0.2855

Cross-section random effects test equation:

Dependent Variable: Y?
Method: Panel Least Squares
Date: 11/21/17 Time: 10:13
Sample: 2015 2016
Included observations: 2
Cross-sections included: 16
Total pool (balanced) observations: 32

Variable Coefficient Std. Error t-Statistic Prob.

C 2012.991 0.928518 2167.961 0.0000

X1? 0.009832 0.003598 2.732175 0.0171
X2? 0.893794 0.351624 2.541900 0.0246
X3? 1.37E-07 1.67E-07 0.823073 0.4253

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.377021 Mean dependent var 2015.500

Adjusted R-squared -0.485565 S.D. dependent var 0.508001
S.E. of regression 0.619170 Akaike info criterion 2.165840
Sum squared resid 4.983832 Schwarz criterion 3.036121
Log likelihood -15.65344 Hannan-Quinn criter. 2.454314
F-statistic 0.437082 Durbin-Watson stat 3.764706
Prob(F-statistic) 0.947691