Dependent Variable: ROA

Method: Panel Least Squares

Date: 01/23/15 Time: 19:41
Sample: 1999 2010
Periods included: 12
Cross-sections included: 328
Total panel (unbalanced) observations: 3008
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
BIS
COST
DATEID
DEP_FUNDING
E_A
GDPG
INTERBANK
LA_DL
LA_DS
LINTEREST
LOS_DEP
LOSRES
NINTERST
NPL
SINTEREST

-0.316887
0.013248
-0.015778
4.37E-07
0.004939
0.051599
-3.48E-05
7.71E-06
-0.014043
0.002843
0.126022
-0.002011
-0.027719
-0.000387
-0.015330
-0.014975

0.253392
0.002040
0.001073
3.46E-07
0.001210
0.003411
8.32E-05
1.91E-05
0.001678
0.000838
0.023396
0.000516
0.011691
0.000957
0.007635
0.034202

-1.250581
6.495644
-14.70485
1.262020
4.081614
15.12546
-0.417561
0.403771
-8.369219
3.391620
5.386376
-3.896917
-2.370975
-0.404323
-2.007753
-0.437849

0.2112
0.0000
0.0000
0.2070
0.0000
0.0000
0.6763
0.6864
0.0000
0.0007
0.0000
0.0001
0.0178
0.6860
0.0448
0.6615

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.238184
0.234364
0.020574
1.266425
7422.174
62.36369
0.000000

Mean dependent var

S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

0.003546
0.023512
-4.924317
-4.892355
-4.912822
1.192776

Redundant Fixed Effects Tests

Equation: Untitled
Test cross-section fixed effects
Effects Test

Statistic

Cross-section F
Cross-section Chi-square

4.270316
1267.336583

d.f.

Prob.

(327,2665)
327

0.0000
0.0000

Cross-section fixed effects test equation:

Dependent Variable: ROA
Method: Panel Least Squares
Date: 01/23/15 Time: 19:38
Sample: 1999 2010
Periods included: 12
Cross-sections included: 328
Total panel (unbalanced) observations: 3008
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
BIS
COST
DATEID
DEP_FUNDING
E_A
GDPG
INTERBANK
LA_DL
LA_DS
LINTEREST
LOS_DEP
LOSRES
NINTERST
NPL
SINTEREST

-0.316887
0.013248
-0.015778
4.37E-07
0.004939
0.051599
-3.48E-05
7.71E-06
-0.014043
0.002843
0.126022
-0.002011
-0.027719
-0.000387
-0.015330
-0.014975

0.253392
0.002040
0.001073
3.46E-07
0.001210
0.003411
8.32E-05
1.91E-05
0.001678
0.000838
0.023396
0.000516
0.011691
0.000957
0.007635
0.034202

-1.250581
6.495644
-14.70485
1.262020
4.081614
15.12546
-0.417561
0.403771
-8.369219
3.391620
5.386376
-3.896917
-2.370975
-0.404323
-2.007753
-0.437849

0.2112
0.0000
0.0000
0.2070
0.0000
0.0000
0.6763
0.6864
0.0000
0.0007
0.0000
0.0001
0.0178
0.6860
0.0448
0.6615

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.238184
0.234364
0.020574
1.266425
7422.174
62.36369
0.000000

Mean dependent var

S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

0.003546
0.023512
-4.924317
-4.892355
-4.912822
1.192776

Correlated Random Effects - Hausman Test

Equation: Untitled
Test cross-section random effects
Chi-Sq.
Statistic

Chi-Sq. d.f.

Prob.

128.118122

15

0.0000

Random

Var(Diff.)

Prob.

0.011125
-0.014865
0.000000
0.005017
0.043187
-0.000071
0.000006
-0.012585
0.003903
0.081321
-0.001897
-0.037659
-0.000802
-0.013465
0.081945

0.000002
0.000000
0.000000
0.000002
0.000021
0.000000
0.000000
0.000001
0.000000
0.008466
0.000000
0.000013
0.000000
0.000007
0.007689

0.2073
0.0001
0.6928
0.0195
0.0000
0.0008
0.7773
0.0000
0.9109
0.0075
0.1754
0.0083
0.0093
0.9225
0.0000

Test Summary
Cross-section random

Cross-section random effects test comparisons:

Variable
BIS
COST
DATEID
DEP_FUNDING
E_A
GDPG
INTERBANK
LA_DL
LA_DS
LINTEREST
LOS_DEP
LOSRES
NINTERST
NPL
SINTEREST

Fixed
0.009407
-0.013240
0.000000
0.008383
0.017994
-0.000110
0.000011
-0.007403
0.003864
-0.164893
-0.001540
-0.047029
-0.001956
-0.013205
0.507614

Cross-section random effects test equation:

Dependent Variable: ROA
Method: Panel Least Squares
Date: 01/23/15 Time: 19:49
Sample: 1999 2010
Periods included: 12
Cross-sections included: 328
Total panel (unbalanced) observations: 3008
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
BIS
COST
DATEID
DEP_FUNDING
E_A
GDPG
INTERBANK
LA_DL
LA_DS
LINTEREST
LOS_DEP
LOSRES
NINTERST

-0.266699
0.009407
-0.013240
3.65E-07
0.008383
0.017994
-0.000110
1.11E-05
-0.007403
0.003864
-0.164893
-0.001540
-0.047029
-0.001956

0.240137
0.002577
0.001106
3.27E-07
0.002073
0.006069
7.28E-05
2.60E-05
0.002117
0.000872
0.098217
0.000595
0.011459
0.001049

-1.110609
3.650708
-11.96761
1.116628
4.043050
2.964905
-1.505300
0.428706
-3.496608
4.430782
-1.678869
-2.588150
-4.104106
-1.864298

0.2668
0.0003
0.0000
0.2643
0.0001
0.0031
0.1324
0.6682
0.0005
0.0000
0.0933
0.0097
0.0000
0.0624

NPL
SINTEREST

-0.013205
0.507614

0.007822
0.100065

-1.688123
5.072848

0.0915
0.0000

Effects Specification
Cross-section fixed (dummy variables)
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.500112
0.435962
0.017658
0.831001
8055.842
7.795896
0.000000

Mean dependent var

S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

0.003546
0.023512
-5.128219
-4.443014
-4.881786
1.699219