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Common Effect Model Results Analysis

The document presents the results of three regression models (Common Effect, Fixed Effect, and Random Effect) applied to panel data from 2014 to 2017, analyzing the dependent variable Y with various independent variables (X1, X2, X3). The Fixed Effect Model was selected based on Chow and Hausman tests, indicating significant fixed effects, while the Random Effect Model was also tested but deemed less suitable. Additionally, the document includes tests for normality, multicollinearity, and heteroskedasticity, providing a comprehensive analysis of the data.

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0% found this document useful (0 votes)
6 views6 pages

Common Effect Model Results Analysis

The document presents the results of three regression models (Common Effect, Fixed Effect, and Random Effect) applied to panel data from 2014 to 2017, analyzing the dependent variable Y with various independent variables (X1, X2, X3). The Fixed Effect Model was selected based on Chow and Hausman tests, indicating significant fixed effects, while the Random Effect Model was also tested but deemed less suitable. Additionally, the document includes tests for normality, multicollinearity, and heteroskedasticity, providing a comprehensive analysis of the data.

Uploaded by

lutfiepaw
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Hasil Common Effect Model

Dependent Variable: Y
Method: Panel Least Squares
Date: 08/01/19 Time: 21:00
Sample: 2014 2017
Periods included: 4
Cross-sections included: 24
Total panel (balanced) observations: 96

Variable Coefficient Std. Error t-Statistic Prob.

C 1.175134 0.742761 1.582116 0.1171


X1 -0.003128 0.025903 -0.120751 0.9042
X2 -0.209676 0.020425 -10.26567 0.0000
X3 2.012677 0.394643 5.099998 0.0000

R-squared 0.576089 Mean dependent var 0.772502


Adjusted R-squared 0.562266 S.D. dependent var 0.592687
S.E. of regression 0.392131 Akaike info criterion 1.006330
Sum squared resid 14.14651 Schwarz criterion 1.113178
Log likelihood -44.30384 Hannan-Quinn criter. 1.049520
F-statistic 41.67558 Durbin-Watson stat 0.786831
Prob(F-statistic) 0.000000
Hasil Fixed Effect Model

Dependent Variable: Y
Method: Panel EGLS (Cross-section weights)
Date: 08/01/19 Time: 21:02
Sample: 2014 2017
Periods included: 4
Cross-sections included: 24
Total panel (balanced) observations: 96
Linear estimation after one-step weighting matrix

Variable Coefficient Std. Error t-Statistic Prob.

C -1.369703 1.384504 -0.989309 0.3260


X1 0.084607 0.047495 1.781391 0.0792
X2 -0.087011 0.010315 -8.435268 0.0000
X3 -0.460381 0.354425 -1.298952 0.1983

Effects Specification

Cross-section fixed (dummy variables)

Weighted Statistics

R-squared 0.960359 Mean dependent var 1.536660


Adjusted R-squared 0.945421 S.D. dependent var 1.508122
S.E. of regression 0.228648 Sum squared resid 3.607326
F-statistic 64.29267 Durbin-Watson stat 2.089092
Prob(F-statistic) 0.000000

Unweighted Statistics

R-squared 0.875647 Mean dependent var 0.772502


Sum squared resid 4.149835 Durbin-Watson stat 1.906648
Hasil Random Effect Model

Dependent Variable: Y
Method: Panel EGLS (Cross-section random effects)
Date: 08/01/19 Time: 21:04
Sample: 2014 2017
Periods included: 4
Cross-sections included: 24
Total panel (balanced) observations: 96
Swamy and Arora estimator of component variances

Variable Coefficient Std. Error t-Statistic Prob.

C 0.499570 1.137920 0.439021 0.6617


X1 0.020679 0.039552 0.522836 0.6023
X2 -0.152999 0.023079 -6.629301 0.0000
X3 0.744042 0.481240 1.546094 0.1255

Effects Specification
S.D. Rho

Cross-section random 0.287615 0.5822


Idiosyncratic random 0.243630 0.4178

Weighted Statistics

R-squared 0.299145 Mean dependent var 0.301274


Adjusted R-squared 0.276291 S.D. dependent var 0.311246
S.E. of regression 0.264780 Sum squared resid 6.449985
F-statistic 13.08942 Durbin-Watson stat 1.335350
Prob(F-statistic) 0.000000

Unweighted Statistics

R-squared 0.499085 Mean dependent var 0.772502


Sum squared resid 16.71625 Durbin-Watson stat 0.515246
Pemilihan Model Regresi Data Panel

Hasil Uji Chow < 0.05 = Fixed Effect Model

Redundant Fixed Effects Tests


Equation: FEM
Test cross-section fixed effects

Effects Test Statistic d.f. Prob.

Cross-section F 28.154384 (23,69) 0.0000

Hasil Uji Lagrange Multiplier < 0.05 = Random Effect Model

Lagrange Multiplier Tests for Random Effects


Null hypotheses: No effects
Alternative hypotheses: Two-sided (Breusch-Pagan) and one-sided
(all others) alternatives

Test Hypothesis
Cross-section Time Both

Breusch-Pagan 27.62142 0.706057 28.32748


(0.0000) (0.4008) (0.0000)

Hasil Uji Hausman < 0.05 = Fixed Effect Model

Correlated Random Effects - Hausman Test


Equation: REM
Test cross-section random effects

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

Cross-section random 19.666463 3 0.0002


Uji Asumsi Klasik

Hasil Uji Normalitas

Hasil Uji Multikolinearitas

X1 X2 X3
X1 1.000000 -0.009955 0.227338
X2 -0.009955 1.000000 0.077454
X3 0.227338 0.077454 1.000000

Hasil Uji Heteroskedastisitas dg cross-section weights

Dependent Variable: RESABS


Method: Panel EGLS (Cross-section weights)
Date: 08/02/19 Time: 06:25
Sample: 2014 2017
Periods included: 4
Cross-sections included: 24
Total panel (balanced) observations: 96
Linear estimation after one-step weighting matrix

Variable Coefficient Std. Error t-Statistic Prob.

C -1.511515 0.843721 -1.791486 0.0776


X1 0.059323 0.029297 2.024863 0.0568
X2 -0.019235 0.006258 -3.073893 0.0530
X3 -0.101179 0.156530 -0.646386 0.5202

Effects Specification

Cross-section fixed (dummy variables)

Weighted Statistics
R-squared 0.952502 Mean dependent var 0.276946
Adjusted R-squared 0.934604 S.D. dependent var 0.506432
S.E. of regression 0.108619 Sum squared resid 0.814072
F-statistic 53.21842 Durbin-Watson stat 2.618150
Prob(F-statistic) 0.000000

Unweighted Statistics

R-squared 0.606220 Mean dependent var 0.135873


Sum squared resid 0.936225 Durbin-Watson stat 2.300701

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