1.

PLS

Dependent Variable: K?
Method: Pooled Least Squares
Date: 05/30/12 Time: 22:35
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Variable

Coefficient

Std. Error

t-Statistic

Prob.

Y?
U?
PD?
P?

0.838547
5.63E-05
-2.24E-05
-0.945152

0.548606
5.97E-06
7.49E-06
0.249594

1.528504
9.438627
-2.990762
-3.786765

0.1282
0.0000
0.0032
0.0002

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
Durbin-Watson stat

-0.194484
-0.215439
8.063855
11119.40
-611.5846
0.222461

Mean dependent var

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

20.05520
7.314355
7.035252
7.107590
7.064595

2. FEM
Dependent Variable: K?
Method: Pooled Least Squares
Date: 05/30/12 Time: 22:35
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?
Fixed Effects (Cross)
A--C
B--C
C--C
D--C
E--C
F--C

19.86991
-0.010655
-2.97E-09
-8.84E-06
0.196141

2.103755
0.084924
4.54E-06
5.29E-06
0.061275

9.444977
-0.125469
-0.000654
-1.671446
3.201005

0.0000
0.9003
0.9995
0.0970
0.0017

-11.63087
1.904766
3.345311
11.00429
7.217005
10.83674

G--C
H--C
I--C
J--C
K--C
L--C
M--C
N--C
O--C
P--C
Q--C
R--C
S--C
T--C
U--C
V--C
W--C
X--C
Y--C
Z--C
AA--C
AB--C
AC--C
AD--C
AE--C
AF--C
AG--C
AH--C
AI--C
Fixed Effects (Period)
2003--C
2004--C
2005--C
2006--C
2007--C

3.221149
12.86065
-2.878536
-1.105092
4.080084
-5.194036
4.934271
-2.457808
4.809394
7.923192
2.927648
11.28837
0.983520
-8.361807
-9.062969
4.259293
-6.413655
-4.364742
1.252768
-1.286290
1.344563
2.884691
-0.253998
8.874849
-8.866913
-5.571670
-12.05452
-14.47208
-11.97757
0.632608
-0.113180
-0.545105
0.835824
-0.810146
Effects Specification

Cross-section fixed (dummy variables)

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

3. REM

0.989083
0.985609
0.877449
101.6291
-200.7618
284.7349
0.000000

Mean dependent var

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

20.05520
7.314355
2.785849
3.563482
3.101279
1.261249

Dependent Variable: K?
Method: Pooled EGLS (Two-way random effects)
Date: 05/30/12 Time: 22:35
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Swamy and Arora estimator of component variances
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?
Random Effects (Cross)
A--C
B--C
C--C
D--C
E--C
F--C
G--C
H--C
I--C
J--C
K--C
L--C
M--C
N--C
O--C
P--C
Q--C
R--C
S--C
T--C
U--C
V--C
W--C
X--C
Y--C
Z--C
AA--C
AB--C
AC--C
AD--C
AE--C
AF--C
AG--C
AH--C
AI--C
Random Effects (Period)
2003--C
2004--C
2005--C

21.26847
-0.022262
-1.73E-06
-1.16E-05
0.160433

2.427153
0.090233
4.49E-06
5.11E-06
0.064713

8.762722
-0.246715
-0.384984
-2.259512
2.479152

0.0000
0.8054
0.7007
0.0251
0.0141

-10.27448
2.122293
3.580107
10.75531
7.005156
10.71061
2.998524
12.42664
-2.807774
-1.119973
4.389040
-4.941070
4.725660
-2.442598
4.657720
7.697374
2.642080
10.92939
1.040970
-8.282266
-9.060556
4.230383
-6.339484
-4.628221
1.218283
-1.435270
1.187547
2.893260
-0.200363
8.860023
-8.916463
-5.256159
-11.96768
-14.40847
-11.98954
0.412510
-0.224917
-0.586359

2006--C
2007--C

0.953614
-0.554848
Effects Specification
S.D.

Cross-section random
Period random
Idiosyncratic random

5.443531
1.687967
0.877449

Rho
0.8912
0.0857
0.0232

Weighted Statistics
R-squared
Adjusted R-squared
S.E. of regression
F-statistic
Prob(F-statistic)

0.061852
0.039778
0.937080
2.802028
0.027508

Mean dependent var

S.D. dependent var
Sum squared resid
Durbin-Watson stat

1.115968
0.956292
149.2801
0.861387

Unweighted Statistics
R-squared
Sum squared resid

0.016658
9153.892

Mean dependent var

Durbin-Watson stat

20.05520
0.038838

4. Uji Likelihood ratio

H0: pool
H1: fixed
Redundant Fixed Effects Tests
Pool: FEM
Test cross-section and period fixed effects
Effects Test
Cross-section F
Cross-section Chi-square
Period F
Period Chi-square
Cross-Section/Period F
Cross-Section/Period Chi-square

Cross-section fixed effects test equation:

Dependent Variable: K?
Method: Panel Least Squares
Date: 05/30/12 Time: 22:37
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175

Statistic
214.904347
705.539780
19.368733
80.815376
234.355382
739.608877

d.f.

Prob.

(34,132)
34
(4,132)
4
(38,132)
38

0.0000
0.0000
0.0000
0.0000
0.0000
0.0000

Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?

78.39873
-0.867716
-0.000108
-4.28E-06
-0.930649

8.553308
0.430489
1.97E-05
5.96E-06
0.185810

9.165896
-2.015653
-5.452247
-0.717156
-5.008605

0.0000
0.0454
0.0000
0.4743
0.0000

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

0.384763
0.355113
5.873783
5727.219
-553.5317
12.97684
0.000000

Mean dependent var

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

20.05520
7.314355
6.428934
6.591694
6.494954
0.329721

Period fixed effects test equation:

Dependent Variable: K?
Method: Panel Least Squares
Date: 05/30/12 Time: 22:37
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?

21.68346
-0.173358
-2.76E-06
-1.09E-05
0.247780

0.715340
0.100830
1.63E-06
6.20E-06
0.074009

30.31209
-1.719308
-1.691677
-1.763656
3.347955

0.0000
0.0878
0.0930
0.0800
0.0011

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)

0.982675
0.977834
1.088977
161.2783
-241.1695
202.9974
0.000000

Mean dependent var

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

Cross-section and period fixed effects test equation:

Dependent Variable: K?
Method: Panel Least Squares
Date: 05/30/12 Time: 22:37
Sample: 2003 2007

20.05520
7.314355
3.201937
3.907232
3.488025
2.154142

Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?

32.20193
-0.535022
-6.76E-07
-1.78E-05
-1.084438

3.193674
0.456071
7.37E-06
5.96E-06
0.198503

10.08304
-1.173111
-0.091682
-2.992041
-5.463084

0.0000
0.2424
0.9271
0.0032
0.0000

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

0.252534
0.234947
6.397669
6958.129
-570.5662
14.35881
0.000000

Mean dependent var

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

20.05520
7.314355
6.577900
6.668322
6.614578
0.205572

hasil tersebut menunjukkan baik F test maupun Chi-square signifikan (p-value 0,000 lebih kecil dari
5%)

sehigga

H0

ditolak

dan

H1

diterima,

maka

model

5. Hausman test
H0: random
H1: fixed
Correlated Random Effects - Hausman Test
Pool: REM
Test cross-section and period random effects

Test Summary
Cross-section random
Period random
Cross-section and period random

Chi-Sq.
Statistic

Chi-Sq. d.f.

Prob.

0.000000
0.000000
0.000000

4
4
4

1.0000
1.0000
1.0000

* Cross-section test variance is invalid. Hausman statistic set to zero.

* Period test variance is invalid. Hausman statistic set to zero.
Cross-section random effects test comparisons:
Variable
Y?
U?
PD?
P?

Fixed
-0.173358
-0.000003
-0.000011
0.247780

Cross-section random effects test equation:

Random

Var(Diff.)

Prob.

-0.022262
-0.000002
-0.000012
0.160433

-0.001541
-0.000000
-0.000000
-0.000632

NA
NA
NA
NA

mengikuti

Fixed

Effect.

Dependent Variable: K?
Method: Panel EGLS (Period random effects)
Date: 05/30/12 Time: 22:37
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Swamy and Arora estimator of component variances
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?

21.68346
-0.173358
-2.76E-06
-1.09E-05
0.247780

0.576389
0.081245
1.31E-06
4.99E-06
0.059633

37.61945
-2.133784
-2.099491
-2.188822
4.155049

0.0000
0.0347
0.0376
0.0303
0.0001

Effects Specification
S.D.
Cross-section fixed (dummy variables)
Period random
Idiosyncratic random

0.000000
0.877449

Rho

0.0000
1.0000

Weighted Statistics
R-squared
Adjusted R-squared
S.E. of regression
F-statistic
Prob(F-statistic)

0.982675
0.977834
1.088977
202.9974
0.000000

Mean dependent var

S.D. dependent var
Sum squared resid
Durbin-Watson stat

20.05520
7.314355
161.2783
2.154142

Unweighted Statistics
R-squared
Sum squared resid

0.982675
161.2783

Mean dependent var

Durbin-Watson stat

20.05520
2.154142

Period random effects test comparisons:

Variable
Y?
U?
PD?
P?

Fixed
-0.020410
-0.000002
-0.000012
0.160140

Random

Var(Diff.)

Prob.

-0.022262
-0.000002
-0.000012
0.160433

-0.000959
0.000000
-0.000000
-0.000512

NA
0.7403
NA
NA

Period random effects test equation:

Dependent Variable: K?
Method: Panel EGLS (Cross-section random effects)
Date: 05/30/12 Time: 22:37
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Swamy and Arora estimator of component variances

Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?

21.18936
-0.020410
-1.57E-06
-1.15E-05
0.160140

2.081424
0.084752
4.52E-06
4.79E-06
0.060626

10.18023
-0.240814
-0.346754
-2.410086
2.641423

0.0000
0.8100
0.7292
0.0170
0.0090

Effects Specification
S.D.
Cross-section random
Period fixed (dummy variables)
Idiosyncratic random

Rho

5.443531

0.9747

0.877449

0.0253

Weighted Statistics
R-squared
Adjusted R-squared
S.E. of regression
F-statistic
Prob(F-statistic)

0.365248
0.334657
0.946756
11.93992
0.000000

Mean dependent var

S.D. dependent var
Sum squared resid
Durbin-Watson stat

20.05520
1.160688
148.7936
0.852113

Unweighted Statistics
R-squared
Sum squared resid

0.022910
9095.698

Mean dependent var

Durbin-Watson stat

20.05520
0.013939

Cross-section and period random effects test comparisons:

Variable
Y?
U?
PD?
P?

Fixed
-0.010655
-0.000000
-0.000009
0.196141

Random

Var(Diff.)

Prob.

-0.022262
-0.000002
-0.000012
0.160433

-0.000930
0.000000
0.000000
-0.000433

NA
0.0068
0.0452
NA

Cross-section and period random effects test equation:

Dependent Variable: K?
Method: Panel Least Squares
Date: 05/30/12 Time: 22:37
Sample: 2003 2007
Included observations: 5
Cross-sections included: 35
Total pool (balanced) observations: 175
Variable

Coefficient

Std. Error

t-Statistic

Prob.

C
Y?
U?
PD?
P?

19.86991
-0.010655
-2.97E-09
-8.84E-06
0.196141

2.103755
0.084924
4.54E-06
5.29E-06
0.061275

9.444977
-0.125469
-0.000654
-1.671446
3.201005

0.0000
0.9003
0.9995
0.0970
0.0017

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

0.989083
0.985609
0.877449
101.6291
-200.7618
284.7349
0.000000

hasil gak jelas mas hehehe

Mean dependent var

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

20.05520
7.314355
2.785849
3.563482
3.101279
1.261249