Table 5. The panel regression results of speed data.
Pooled model | Fixed-effects model | Random-effects model | |||||||
Y | Y | LnY | Y | Y | LnY | Y | Y | LnY | |
Model | Model | Model | Model | Model | Model | Model | Model | Model | |
X | –0.000008 | 0.0000036 | 0.0000033 | ||||||
(–1.03) | (0.61) | (0.55) | |||||||
LnX | –0.0270*** | –0.116*** | –0.00241 | –0.0131 | –0.00447 | –0.0212 | |||
(–5.47) | (–9.11) | (–0.45) | (–0.97) | (–0.87) | (–1.61) | ||||
_cons | 0.385*** | 0.528*** | –0.603*** | 0.383*** | 0.407*** | –1.108*** | 0.383*** | 0.412*** | –1.145*** |
(59.00) | (20.63) | (–9.19) | (88.68) | (15.19) | (–16.37) | (14.00) | (11.22) | (–11.80) | |
N | 3844 | 2775 | 2466 | 3844 | 2775 | 2466 | 3844 | 2775 | 2466 |
r2 | 0.000277 | 0.0107 | 0.0326 | 0.0000989 | 0.0000777 | 0.000403 | 0.0043 | 0.0238 | 0.0616 |
r2_a | 0.0000168 | 0.0103 | 0.0322 | –0.0332 | –0.0467 | –0.0525 | 0.0041 | 0.0215 | 0.0602 |
F(χ2) | 1.064 | 29.92*** | 83.06*** | 0.368 | 0.206 | 0.944 | 0.3 | 0.75 | 2.6 |
t statistics in parentheses;
*p<0.05,
**p<0.01,
***p<0.001.