Table 7 f lr and hausman test results models f test

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Table 7 F, LR and Hausman Test Results Models F Test LR Test Hausman Test ddTBNQ Test Statistic Test Statistic Chi2 Cross-section 0.195253 Cross-section 0.000 1.59 (0.9790) Period 5.363783 *** Period 9.417 *** Cross-section and Period 0.744398 Cross-section and Period 9.417 *** MB Test Statistic Test Statistic Chi2 Cross-section 19.756265 *** Cross-section 156.379 *** -3.37 chi2<0 Period 2.358665 * Period 0.016 Cross-section and Period 18.520467 *** Cross-section and Period 162.010 *** ROA Test Statistic Test Statistic Chi2 Cross-section 4.884175 *** Cross-section 42.294 *** -17.12 chi2<0 Period 0.720478 Period 0.000 Cross-section and Period 4.264256 *** Cross-section and Period 42.294 *** PS Test Statistic Test Statistic Chi2 Cross-section 1.681162 ** Cross-section 3.876 ** 2.74 (0.8402) Period 0.923851 Period 0.000 Cross-section and Period 1.564005 ** Cross-section and Period 3.876 ERM Test Statistic Test Statistic Chi2 Cross-section 6.538090 *** Cross-section 89.48 *** 1.57 (0.8149) Period 11.414489 *** Period 127.455 *** Cross-section and Period 10.127687 *** Cross-section and Period 52.056 *** Note: *** , ** and * indicate significance at the 1%, 5% and 10% significance level of the respective test statistic, respectively.
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