{smcl} {txt}{sf}{ul off}{.-} name: {res} {txt}log: {res}K:\Eigene Dateien\abgeschlossen\telecom_regulation_competition\2016 BB Inflation\Submission IREE\data_analysis\replication_annex.smcl {txt}log type: {res}smcl {txt}opened on: {res}13 Apr 2018, 11:08:11 {txt} {com}. . * Pooled OLS . reg cpi logfixed m2gr , ro {txt}Linear regression Number of obs = {res} 122 {txt}F(2, 119) = {res} 18.93 {txt}Prob > F = {res} 0.0000 {txt}R-squared = {res} 0.0348 {txt}Root MSE = {res} 2.1847 {txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} t{col 46} P>|t|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2}-.3374839{col 26}{space 2} .23684{col 37}{space 1} -1.42{col 46}{space 3}0.157{col 54}{space 4}-.8064507{col 67}{space 3} .1314829 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0292261{col 26}{space 2} .0053979{col 37}{space 1} 5.41{col 46}{space 3}0.000{col 54}{space 4} .0185377{col 67}{space 3} .0399146 {txt}{space 7}_cons {c |}{col 14}{res}{space 2} 3.635475{col 26}{space 2} .6513919{col 37}{space 1} 5.58{col 46}{space 3}0.000{col 54}{space 4} 2.345654{col 67}{space 3} 4.925296 {txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {res}{txt} {com}. . reg cpi logfixed m2gr periodd* , ro {txt}note: periodd1 omitted because of collinearity note: periodd4 omitted because of collinearity Linear regression Number of obs = {res} 122 {txt}F(4, 117) = {res} 12.94 {txt}Prob > F = {res} 0.0000 {txt}R-squared = {res} 0.0804 {txt}Root MSE = {res} 2.1507 {txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} t{col 46} P>|t|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2}-.5061212{col 26}{space 2} .2753478{col 37}{space 1} -1.84{col 46}{space 3}0.069{col 54}{space 4}-1.051433{col 67}{space 3} .0391907 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0220959{col 26}{space 2} .0063953{col 37}{space 1} 3.46{col 46}{space 3}0.001{col 54}{space 4} .0094304{col 67}{space 3} .0347614 {txt}{space 4}periodd1 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 4}periodd2 {c |}{col 14}{res}{space 2}-.6753498{col 26}{space 2} .5100887{col 37}{space 1} -1.32{col 46}{space 3}0.188{col 54}{space 4}-1.685554{col 67}{space 3} .3348542 {txt}{space 4}periodd3 {c |}{col 14}{res}{space 2} .6945289{col 26}{space 2} .4843982{col 37}{space 1} 1.43{col 46}{space 3}0.154{col 54}{space 4}-.2647963{col 67}{space 3} 1.653854 {txt}{space 4}periodd4 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 7}_cons {c |}{col 14}{res}{space 2} 3.921578{col 26}{space 2} .9069859{col 37}{space 1} 4.32{col 46}{space 3}0.000{col 54}{space 4} 2.12534{col 67}{space 3} 5.717816 {txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {res}{txt} {com}. . reg cpi logfixed unemp m2gr Oil_change , ro {txt}Linear regression Number of obs = {res} 122 {txt}F(4, 117) = {res} 11.61 {txt}Prob > F = {res} 0.0000 {txt}R-squared = {res} 0.0494 {txt}Root MSE = {res} 2.1866 {txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} t{col 46} P>|t|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2}-.2783404{col 26}{space 2} .2368111{col 37}{space 1} -1.18{col 46}{space 3}0.242{col 54}{space 4}-.7473323{col 67}{space 3} .1906516 {txt}{space 7}unemp {c |}{col 14}{res}{space 2}-.1057348{col 26}{space 2} .0983795{col 37}{space 1} -1.07{col 46}{space 3}0.285{col 54}{space 4}-.3005703{col 67}{space 3} .0891007 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0257037{col 26}{space 2} .0050904{col 37}{space 1} 5.05{col 46}{space 3}0.000{col 54}{space 4} .0156225{col 67}{space 3} .0357849 {txt}{space 2}Oil_change {c |}{col 14}{res}{space 2} .0059729{col 26}{space 2} .0140499{col 37}{space 1} 0.43{col 46}{space 3}0.672{col 54}{space 4}-.0218521{col 67}{space 3} .0337979 {txt}{space 7}_cons {c |}{col 14}{res}{space 2} 4.05764{col 26}{space 2} .7559946{col 37}{space 1} 5.37{col 46}{space 3}0.000{col 54}{space 4} 2.560432{col 67}{space 3} 5.554848 {txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {res}{txt} {com}. . reg cpi logfixed unemp m2gr Oil_change periodd* , ro {txt}note: periodd1 omitted because of collinearity note: periodd4 omitted because of collinearity Linear regression Number of obs = {res} 122 {txt}F(6, 115) = {res} 10.03 {txt}Prob > F = {res} 0.0000 {txt}R-squared = {res} 0.0943 {txt}Root MSE = {res} 2.1528 {txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} t{col 46} P>|t|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2}-.4830217{col 26}{space 2} .2631733{col 37}{space 1} -1.84{col 46}{space 3}0.069{col 54}{space 4}-1.004317{col 67}{space 3} .038274 {txt}{space 7}unemp {c |}{col 14}{res}{space 2}-.0849173{col 26}{space 2} .0963898{col 37}{space 1} -0.88{col 46}{space 3}0.380{col 54}{space 4}-.2758469{col 67}{space 3} .1060123 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0186053{col 26}{space 2} .0058126{col 37}{space 1} 3.20{col 46}{space 3}0.002{col 54}{space 4} .0070916{col 67}{space 3} .0301189 {txt}{space 2}Oil_change {c |}{col 14}{res}{space 2} .0087732{col 26}{space 2} .0142981{col 37}{space 1} 0.61{col 46}{space 3}0.541{col 54}{space 4}-.0195486{col 67}{space 3} .0370949 {txt}{space 4}periodd1 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 4}periodd2 {c |}{col 14}{res}{space 2}-.8812163{col 26}{space 2} .5540774{col 37}{space 1} -1.59{col 46}{space 3}0.114{col 54}{space 4}-1.978737{col 67}{space 3} .2163045 {txt}{space 4}periodd3 {c |}{col 14}{res}{space 2} .5839909{col 26}{space 2} .4829157{col 37}{space 1} 1.21{col 46}{space 3}0.229{col 54}{space 4}-.3725722{col 67}{space 3} 1.540554 {txt}{space 4}periodd4 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 7}_cons {c |}{col 14}{res}{space 2} 4.355638{col 26}{space 2} .8659015{col 37}{space 1} 5.03{col 46}{space 3}0.000{col 54}{space 4} 2.640454{col 67}{space 3} 6.070822 {txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {res}{txt} {com}. . * Panel, RE . xtreg cpi logfixed m2gr , ro re {res} {txt}Random-effects GLS regression Number of obs = {res} 122 {txt}Group variable: {res}co1 {txt}Number of groups = {res} 11 {txt}R-sq: Obs per group: within = {res}0.0239 {txt}min = {res} 6 {txt} between = {res}0.0123 {txt}avg = {res} 11.1 {txt} overall = {res}0.0170 {txt}max = {res} 12 {txt}Wald chi2({res}2{txt}) = {res} 45.41 {txt}corr(u_i, X) = {res}0{txt} (assumed) Prob > chi2 = {res}0.0000 {txt}{ralign 78:(Std. Err. adjusted for {res:11} clusters in co1)} {hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} z{col 46} P>|z|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2} .0035799{col 26}{space 2} .2108197{col 37}{space 1} 0.02{col 46}{space 3}0.986{col 54}{space 4}-.4096192{col 67}{space 3} .416779 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0256384{col 26}{space 2} .0038076{col 37}{space 1} 6.73{col 46}{space 3}0.000{col 54}{space 4} .0181756{col 67}{space 3} .0331012 {txt}{space 7}_cons {c |}{col 14}{res}{space 2} 2.646093{col 26}{space 2} .7813539{col 37}{space 1} 3.39{col 46}{space 3}0.001{col 54}{space 4} 1.114668{col 67}{space 3} 4.177519 {txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} sigma_u {c |} {res} 1.5406384 {txt}sigma_e {c |} {res} 1.6493483 {txt}rho {c |} {res} .46596104{txt} (fraction of variance due to u_i) {hline 13}{c BT}{hline 64} {com}. . xtreg cpi logfixed m2gr periodd*, ro re {txt}note: periodd1 omitted because of collinearity note: periodd4 omitted because of collinearity {res} {txt}Random-effects GLS regression Number of obs = {res} 122 {txt}Group variable: {res}co1 {txt}Number of groups = {res} 11 {txt}R-sq: Obs per group: within = {res}0.1049 {txt}min = {res} 6 {txt} between = {res}0.0217 {txt}avg = {res} 11.1 {txt} overall = {res}0.0423 {txt}max = {res} 12 {txt}Wald chi2({res}4{txt}) = {res} 94.70 {txt}corr(u_i, X) = {res}0{txt} (assumed) Prob > chi2 = {res}0.0000 {txt}{ralign 78:(Std. Err. adjusted for {res:11} clusters in co1)} {hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} z{col 46} P>|z|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2} .1114796{col 26}{space 2} .218618{col 37}{space 1} 0.51{col 46}{space 3}0.610{col 54}{space 4}-.3170039{col 67}{space 3} .539963 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0237823{col 26}{space 2} .0037968{col 37}{space 1} 6.26{col 46}{space 3}0.000{col 54}{space 4} .0163407{col 67}{space 3} .0312239 {txt}{space 4}periodd1 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 4}periodd2 {c |}{col 14}{res}{space 2} .2852214{col 26}{space 2} .4292268{col 37}{space 1} 0.66{col 46}{space 3}0.506{col 54}{space 4}-.5560476{col 67}{space 3} 1.12649 {txt}{space 4}periodd3 {c |}{col 14}{res}{space 2} .9720013{col 26}{space 2} .4251003{col 37}{space 1} 2.29{col 46}{space 3}0.022{col 54}{space 4} .13882{col 67}{space 3} 1.805183 {txt}{space 4}periodd4 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 7}_cons {c |}{col 14}{res}{space 2} 1.865579{col 26}{space 2} .8103095{col 37}{space 1} 2.30{col 46}{space 3}0.021{col 54}{space 4} .2774011{col 67}{space 3} 3.453756 {txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} sigma_u {c |} {res} 1.8023608 {txt}sigma_e {c |} {res} 1.5935235 {txt}rho {c |} {res} .56126548{txt} (fraction of variance due to u_i) {hline 13}{c BT}{hline 64} {com}. . xtreg cpi logfixed m2gr unemp Oil_change , ro re {res} {txt}Random-effects GLS regression Number of obs = {res} 122 {txt}Group variable: {res}co1 {txt}Number of groups = {res} 11 {txt}R-sq: Obs per group: within = {res}0.0793 {txt}min = {res} 6 {txt} between = {res}0.0000 {txt}avg = {res} 11.1 {txt} overall = {res}0.0248 {txt}max = {res} 12 {txt}Wald chi2({res}4{txt}) = {res} 558.58 {txt}corr(u_i, X) = {res}0{txt} (assumed) Prob > chi2 = {res}0.0000 {txt}{ralign 78:(Std. Err. adjusted for {res:11} clusters in co1)} {hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} z{col 46} P>|z|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2} .1596411{col 26}{space 2} .137576{col 37}{space 1} 1.16{col 46}{space 3}0.246{col 54}{space 4}-.1100029{col 67}{space 3} .4292852 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0197549{col 26}{space 2} .0047951{col 37}{space 1} 4.12{col 46}{space 3}0.000{col 54}{space 4} .0103567{col 67}{space 3} .0291531 {txt}{space 7}unemp {c |}{col 14}{res}{space 2}-.2025315{col 26}{space 2} .0902292{col 37}{space 1} -2.24{col 46}{space 3}0.025{col 54}{space 4}-.3793774{col 67}{space 3}-.0256856 {txt}{space 2}Oil_change {c |}{col 14}{res}{space 2} .0097927{col 26}{space 2} .0064657{col 37}{space 1} 1.51{col 46}{space 3}0.130{col 54}{space 4}-.0028797{col 67}{space 3} .0224652 {txt}{space 7}_cons {c |}{col 14}{res}{space 2} 3.366788{col 26}{space 2} .7290544{col 37}{space 1} 4.62{col 46}{space 3}0.000{col 54}{space 4} 1.937868{col 67}{space 3} 4.795709 {txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} sigma_u {c |} {res} 1.801511 {txt}sigma_e {c |} {res} 1.6168043 {txt}rho {c |} {res} .55387711{txt} (fraction of variance due to u_i) {hline 13}{c BT}{hline 64} {com}. . xtreg cpi logfixed m2gr unemp Oil_change periodd* , ro re {txt}note: periodd1 omitted because of collinearity note: periodd4 omitted because of collinearity {res} {txt}Random-effects GLS regression Number of obs = {res} 122 {txt}Group variable: {res}co1 {txt}Number of groups = {res} 11 {txt}R-sq: Obs per group: within = {res}0.1388 {txt}min = {res} 6 {txt} between = {res}0.0135 {txt}avg = {res} 11.1 {txt} overall = {res}0.0461 {txt}max = {res} 12 {txt}Wald chi2({res}6{txt}) = {res} 813.49 {txt}corr(u_i, X) = {res}0{txt} (assumed) Prob > chi2 = {res}0.0000 {txt}{ralign 78:(Std. Err. adjusted for {res:11} clusters in co1)} {hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {col 14}{c |}{col 26} Robust {col 1} cpi{col 14}{c |} Coef.{col 26} Std. Err.{col 38} z{col 46} P>|z|{col 54} [95% Con{col 67}f. Interval] {hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} {space 4}logfixed {c |}{col 14}{res}{space 2} .2399264{col 26}{space 2} .1616657{col 37}{space 1} 1.48{col 46}{space 3}0.138{col 54}{space 4}-.0769325{col 67}{space 3} .5567853 {txt}{space 8}m2gr {c |}{col 14}{res}{space 2} .0210627{col 26}{space 2} .0062989{col 37}{space 1} 3.34{col 46}{space 3}0.001{col 54}{space 4} .008717{col 67}{space 3} .0334085 {txt}{space 7}unemp {c |}{col 14}{res}{space 2}-.1066667{col 26}{space 2} .1633131{col 37}{space 1} -0.65{col 46}{space 3}0.514{col 54}{space 4}-.4267545{col 67}{space 3} .213421 {txt}{space 2}Oil_change {c |}{col 14}{res}{space 2} .0116685{col 26}{space 2} .0057261{col 37}{space 1} 2.04{col 46}{space 3}0.042{col 54}{space 4} .0004456{col 67}{space 3} .0228914 {txt}{space 4}periodd1 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 4}periodd2 {c |}{col 14}{res}{space 2} .220213{col 26}{space 2} .4271303{col 37}{space 1} 0.52{col 46}{space 3}0.606{col 54}{space 4}-.6169469{col 67}{space 3} 1.057373 {txt}{space 4}periodd3 {c |}{col 14}{res}{space 2} .8823078{col 26}{space 2} .5252102{col 37}{space 1} 1.68{col 46}{space 3}0.093{col 54}{space 4}-.1470852{col 67}{space 3} 1.911701 {txt}{space 4}periodd4 {c |}{col 14}{res}{space 2} 0{col 26}{txt} (omitted) {space 7}_cons {c |}{col 14}{res}{space 2} 2.071847{col 26}{space 2} 1.127509{col 37}{space 1} 1.84{col 46}{space 3}0.066{col 54}{space 4}-.1380296{col 67}{space 3} 4.281724 {txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12} sigma_u {c |} {res} 2.233891 {txt}sigma_e {c |} {res} 1.5783373 {txt}rho {c |} {res} .66702186{txt} (fraction of variance due to u_i) {hline 13}{c BT}{hline 64} {com}. . . *************************************************** . ******** EXPANSION . . log close {txt}name: {res} {txt}log: {res}K:\Eigene Dateien\abgeschlossen\telecom_regulation_competition\2016 BB Inflation\Submission IREE\data_analysis\replication_annex.smcl {txt}log type: {res}smcl {txt}closed on: {res}13 Apr 2018, 11:08:12 {txt}{.-} {smcl} {txt}{sf}{ul off}