Skip to main content

Table 4 Regression diagnostic test

From: Impact of learning through credit and value creation on the efficiency of Japanese commercial banks

  Pesaran (2015) Modified Wald test Born and Breitung (2016) Wooldridge (2002)
The null hypothesis (H0) errors are weakly cross-sectional dependent sigma(i)^2 = sigma^2 for all i No first-order serial correlation No first-order autocorrelation
EVA 59.349*** 140,000.0*** 1.08 2.142
FISIM 57.047*** 11,334.37*** 4.43*** 20.88***
tloans 41.288*** 9763.27*** 2.98*** 30.423***
secinv 76.832*** 5989.53*** 2.98*** 61.735***
TI 69.368*** 18,905.98*** 4.54*** 31.504***
  1. ***p < 0.01; **p < 0.05; *p < 0.1