Model | LNINF | LNCM | Presence | ||
---|---|---|---|---|---|
Test | Test statistic | P-value | Test statistic | P-value | |
Modified Wald test for group wise heteroscedasticity | χ2 = 825.31 | 0.000 | χ2 = 1459.35 | 0.000 | Yes |
Wooldridge test for autocorrelation in panel data | F-statistic = 174.602 | 0.000 | F-statistic = 198.140 | 0.000 | Yes |