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. 2023 May 24;9(6):e16605. doi: 10.1016/j.heliyon.2023.e16605

Table 4.

Panel data regression results.

Variable Coefficient Std. Error t-Statistic Prob.
C 122.4598 10.81618 11.32191 0.0000
Ln Size 0.014306 0.016976 0.842725 0.4032
Leverage −0.001029 0.001383 −0.743872 0.4603
Solvency 4.90E-06 1.89E-06 2.599795 0.0121
Inflation −0.469843 0.028786 −16.32165 0.0000
Interest rate 0.167739 0.034804 4.819494 0.0000
PI 0.027677 0.003871 7.150692 0.0000
In Exchange rate −13.12051 1.199408 −10.93916 0.0000
R-squared 0.611134
Prob (F-statistic) 0.000000

The equation for the regression model is as follows:

MPI = 122.4598 + 0.014306lnSizeit – 0.001029Leverageit + 4.90E-06Solvencyit – 0.469843Inflationit + 0.167739Interestrateit + 0.027677PIit – 13.12051Exchangerateit + e.

Source: Processed Eviews 9