谢谢指点,用R做面板模型分析时遇到了如下问题,为什么会缺一个变量而且没有截距,mp表示货币供给量的增长率这是代码
aa <- lev~fin+owe+Growth+KZ+mp+log(Assets)+ro+ro*fin
random <- plm(aa,data=good,index=c("Symbol","Enddate"),effect="time",model="within")
这是运行结果,没有mp的结果
summary(random)
Call:
plm(formula = aa, data = good, effect = "time", model = "within",
index = c("Symbol", "Enddate"))
Unbalanced Panel: n = 2850, T = 1-11, N = 12950
Residuals:
Min. 1st Qu. Median 3rd Qu. Max.
-0.511811 -0.113601 -0.014425 0.100795 0.727313
Coefficients:
Estimate Std. Error t-value Pr(>|t|)
fin -0.4311793 0.0106665 -40.4236 < 2.2e-16 ***
owe 0.0435280 0.0032303 13.4748 < 2.2e-16 ***
Growth 0.0092864 0.0062243 1.4920 0.1357364
KZ 0.0165505 0.0013974 11.8439 < 2.2e-16 ***
log(Assets) 0.0780930 0.0016018 48.7547 < 2.2e-16 ***
ro 0.0026172 0.0035745 0.7322 0.4640645
fin:ro 0.0338672 0.0102182 3.3144 0.0009209 ***
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Total Sum of Squares: 499.1
Residual Sum of Squares: 333.07
R-Squared: 0.33267
Adj. R-Squared: 0.33179
F-statistic: 920.942 on 7 and 12932 DF, p-value: < 2.22e-16