Table 4.
Estimation Results for PAD District Regions |
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Dependent
Variable: D(RETPAD1) |
Dependent Variable: D(RETPAD2) |
Dependent Variable: D(RETPAD3) |
Dependent Variable: D(RETPAD4) |
Dependent Variable: D(RETPAD5) |
Sample:
1/03/2000 to 6/24/2002 |
Sample: 1/03/2000 to 6/24/2002 |
Sample: 1/03/2000 to 6/24/2002 |
Sample: 6/15/1998 to 6/24/2002 |
Sample: 1/03/2000 to 6/24/2002 |
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Variable |
Coefficient |
Variable |
Coefficient |
Variable |
Coefficient |
Variable |
Coefficient |
Variable |
Coefficient |
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C |
0.008 |
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C |
-0.019 |
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C |
-0.015 |
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C |
-0.030 |
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C |
0.049 |
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(0.098) |
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(0.199) |
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(0.115) |
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(0.087) |
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(0.148) |
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DSPOTPAD1(-1) |
0.295*** |
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DSPOTPAD2(-1) |
0.671*** |
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DSPOTPAD3(-1) |
0.334*** |
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DSPOTPAD4(-1) |
0.132*** |
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DSPOTPAD5(-1) |
0.184*** |
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(0.023) |
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(0.034) |
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(0.026) |
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(0.021) |
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(0.023) |
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DSPOTPAD1(-2) |
0.224*** |
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DSPOTPAD2(-2) |
0.274*** |
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DSPOTPAD3(-2) |
0.253*** |
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DSPOTPAD4(-2) |
0.156*** |
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DSPOTPAD5(-2) |
0.143*** |
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(0.023) |
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(0.036) |
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(0.027) |
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(0.022) |
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(0.024) |
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DSPOTPAD1(-2) |
0.182*** |
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DSPOTPAD2(-3) |
0.076** |
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DSPOTPAD3(-3) |
0.147*** |
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DSPOTPAD4(-3) |
0.088*** |
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DSPOTPAD5(-3) |
0.135*** |
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(0.023) |
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(0.036) |
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(0.027) |
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(0.022) |
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(0.025) |
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DSPOTPAD1(-4) |
0.093*** |
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DSPOTPAD2(-4) |
0.059* |
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DSPOTPAD3(-4) |
0.119*** |
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DSPOTPAD4(-4) |
0.077*** |
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DSPOTPAD5(-4) |
0.102*** |
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(0.023) |
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(0.034) |
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(0.027) |
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(0.022) |
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(0.025) |
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DSPOTPAD1(-5) |
0.101*** |
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DSPOTPAD3(-5) |
0.101*** |
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DSPOTPAD4(-5) |
0.026 |
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DSPOTPAD5(-5) |
0.105*** |
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(0.023) |
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(0.027) |
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(0.022) |
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(0.025) |
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DSPOTPAD1(-6) |
0.053** |
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DSPOTPAD1(-6) |
0.064** |
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DSPOTPAD1(-6) |
0.037* |
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DSPOTPAD5(-6) |
0.077*** |
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(0.023) |
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(0.027) |
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(0.022) |
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(0.025) |
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DSPOTPAD1(-7) |
0.051** |
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DSPOTPAD1(-7) |
0.065** |
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DSPOTPAD1(-7) |
0.047** |
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DSPOTPAD5(-7) |
0.091*** |
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(0.023) |
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(0.026) |
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(0.022) |
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(0.025) |
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DSPOTPAD1(-8) |
0.033 |
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DSPOTPAD1(-8) |
0.063*** |
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DSPOTPAD5(-8) |
0.031 |
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(0.023) |
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(0.022) |
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(0.025) |
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DSPOTPAD1(-9) |
0.071*** |
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DSPOTPAD1(-9) |
0.042* |
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DSPOTPAD5(-9) |
0.025 |
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(0.023) |
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(0.022) |
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(0.024) |
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DSPOTPNW(-1) |
0.048** |
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DSPOTPAD5(-10) |
0.026 |
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(0.021) |
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(0.023) |
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DSPOTPNW(-2) |
0.065*** |
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(0.023) |
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DSPOTPNW(-3) |
0.053** |
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(0.024) |
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DSPOTPNW(-4) |
0.037 |
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(0.023) |
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DSPOTPNW(-5) |
0.063*** |
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(0.024) |
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DSPOTPNW(-6) |
0.037 |
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(0.024) |
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DSPOTPNW(-7) |
0.027 |
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(0.024) |
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DSPOTPNW(-8) |
0.003 |
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(0.023) |
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DSPOTPNW(-9) |
0.029 |
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(0.021) |
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Sum of Spot Lags |
1.104 |
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Sum of Spot Lags |
1.080 |
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Sum of Spot Lags |
1.084 |
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Sum of Spot Lags |
1.026 |
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Sum of Spot Lags |
0.920 |
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Adj. R^2 |
0.800 |
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Adj. R^2 |
0.839 |
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Adj. R^2 |
0.789 |
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Adj. R^2 |
0.717 |
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Adj. R^2 |
0.688 |
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S.E. Regression |
1.113 |
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S.E. Regression |
2.266 |
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S.E. Regression |
1.308 |
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S.E. Regression |
1.254 |
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S.E. Regression |
1.688 |
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AIC |
3.126073 |
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AIC |
4.512042 |
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AIC |
3.434214 |
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AIC |
3.376132 |
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AIC |
3.965400 |
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F-statistic |
58.5 |
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F-statistic |
169.2 |
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F-statistic |
69.8 |
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F-statistic |
30.6 |
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F-statistic |
29.4 |
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D.W. statistic |
1.31 |
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D.W. statistic |
2.99 |
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D.W. statistic |
1.92 |
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D.W. statistic |
1.32 |
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D.W. statistic |
.90 |
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Source: EIA calculations. |
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