OLS (R2 = 0.165, LogL = -12909.8, AIC = 25829.7, SC = 2586.8)
Variable Coefficient Standard Error t-Statistic P-Value
Constant 3.132 0.284 11.017 < 0.001
LogDC -0.497 0.059 -8.325 < 0.001
LogEC 0.018 0.001 11.309 < 0.001
LogCC 1.052 0.090 11.648 < 0.001
LogBC 0.311 0.007 41.440 < 0.001
Residuals Diagnostics
Heteroskedasticity Test DF Value P-Value
Breusch-Pagan 4 248.308 < 0.001
Koenker-Bassett 4 321.329 < 0.001
Spatial Dependence Test MI/DF Value P-value
Moran's I (error) 0.442 63.003 < 0.001
LM (lag) 1 3510.905 < 0.001
Robust LM (lag) 1 45.251 < 0.001
LM (error) 1 3961.258 < 0.001
Robust LM (error) 1 495.604 < 0.001
LM (SARMA) 2 4006.509 < 0.001
SLM (R2 = 0.408, LogL = -11274.4, AIC = 22560.8, SC = 22,605.4)
Variable Coefficient Standard Error z-Value P-Value
ρ 0.488 0.007 63.825 < 0.001
Constant 1.835 0.240 7.623 < 0.001
LogDC - 0.191 0.050 -3.813 < 0.001
LogEC 0.008 0.001 6.008 < 0.001
LogCC 0.389 0.076 5.085 < 0.001
LogBC 0.240 0.006 36.950 < 0.001
SEM (R2 = 0.43, LogL = -11110.43, AIC = 22230.9, SC = 22,268)
Variable Coefficient Standard Error z-Value P-Value
λ 0.553 0.007 71.111 < 0.001
Constant 4.536 0.354 12.8 < 0.001
LogDC -0.155 0.059 -2.618 < 0.001
LogEC 0.020 0.002 7.257 < 0.01
LogCC 1.155 0.155 7.402 < 0.001
LogBC 0.289 0.007 37.937 < 0.001