---
title: "Spatial seemingly unrelated regression models. A comparison of spsur, spse and PySAL"
author:
- Fernando A. López, Technical University of Cartagena (Spain)
- Román Mínguez, University of Castilla-La Mancha (Spain)
- Jesús Mur, University of Zaragoza, (Spain)
date: '2021-04-07
'
output:
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theme: flatly
toc: yes
toc_depth: 2
toc_float:
collapsed: no
smooth_scroll: no
toc_title: Article Outline
linkcolor: red
link-citations: yes
bibliography: bibliosure.bib
vignette: |
%\VignetteIndexEntry{Spatial seemingly unrelated regression models. A comparison of spsur, spse and PySAL}
%\VignetteEncoding{UTF-8}
%\VignetteEngine{knitr::rmarkdown}
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---
# Introduction {#Intro}
The main objective of this vignette is to present the results of the estimation of spatial SUR models using three alternative tools: Two *R*-packages, **spsur** [@Lopez2020; @spsur_jss_forthcoming] and **spse** [@PirasGitHub] together with the *Python* spatial analysis library **PySAL** available at [https://pysal.org/](https://pysal.org/). Three SUR models are estimated in this vignette. The first one, is the baseline SUR-SIM model, a SUR model without spatial effects. This model will be estimated with **spsur** and **PySAL**. The second one is the SUR-SEM model; that is, a SUR model including a spatial lag in the errors. This model will be estimated by Maximum Likelihood [@Anselin1988a], using the three alternative tools. The last one is the SUR-SLM model, including a spatial lag of the dependent variable, which will be estimated by the Three Stage Least Squares (3SLS) algorithm [@Lopez2020; @Anselin2016]. This model will be estimated with **spsur** and **PySAL**.
The comparison is performed on the @Baller2001 data set[^1]. This is a well-known dataset downloaded from the GeoDa Data and Lab collection with information about homicide rates in 3,085 continental US counties for four years (1960, 1970, 1980, and 1990). The dataset includes a large number of socio-economic characteristics for these counties. This dataset is available from the **spsur** R-package with the name *NCOVR* and from **PySAL** with the name of *NAT.dbf*.
[^1]: see [GeoDa](https://geodacenter.github.io/data-and-lab/ncovr/) for more details about the database
The model selected to illustrate the results of the estimation is the same as that included in the help area of **PySAL**.
# The SUR-SIM model {#SUR-SIM}
This section considers the simplest case of the estimation of an SUR model without spatial effects: SUR-SIM. The model specification is the same as that which appears in the help of area of **PySAL** and we reproduce it in the equation \@ref(eq:ncovr):
```{=tex}
\begin{equation}
\begin{array}{llc}
HR_{80} = \beta_{10} + PS_{80} \ \beta_{11} + UE_{80} \ \beta_{12} + \epsilon_1 \\
HR_{90} = \beta_{20} + PS_{90} \ \beta_{21} + UE_{90} \ \beta_{22} + \epsilon_2 \\
cov(\epsilon_i,\epsilon_j)=\sigma_{ij} \ ; \ i,j=1,2
\end{array}
(\#eq:ncovr)
\end{equation}
```
The *R* code to estimate equation \@ref(eq:ncovr) with the **spsur** package is:
```r
data("NCOVR", package = "spsur")
formula.spsur <- HR80 | HR90 ~ PS80 + UE80 | PS90 + UE90
control <- list(trace = FALSE)
spsur.sim <- spsurml(formula = formula.spsur, data = NCOVR.sf,
type = "sim", control = control)
```
The *Python* code to estimate equation \@ref(eq:ncovr) with **PySAL** is:
```python
db = pysal.open(pysal.examples.get_path("NAT.dbf"),'r')
y_var = ['HR80','HR90']
x_var = [['PS80','UE80'],['PS90','UE90']]
bigy,bigX,bigyvars,bigXvars = pysal.spreg.sur_utils.sur_dictxy(db,y_var,x_var)
w = pysal.knnW_from_shapefile(pysal.examples.get_path("NAT.shp"), k = 10)
w.transform = 'r'
pysal_sim = SUR(bigy,bigX,w=w,iter=True,
name_bigy=bigyvars,name_bigX=bigXvars,spat_diag=True,
name_ds="nat")
```
Note that the *Python* code includes the definition of the $W$ matrix. Following @Baller2001 we choose a **W** matrix based on the k-nearest-neighbors, with $k = 10$.
Table 2.1 shows the values of the coefficients and the standard error (in parentheses). The full output of both codes is shown in the Appendix. The main result is that no relevant differences are founded. The results of the estimations are similar, both in terms of the parameters and the standard errors, and only extremely small numerical differences appears.
Table 2.1 Estimated coefficients and standard errors. SUR-SIM
|
$\hat\beta_{10}$ |
$\hat\beta_{11}$ |
$\hat\beta_{12}$ |
$\hat\beta_{12}$ |
$\hat\beta_{12}$ |
$\hat\beta_{12}$ |
spsur |
5.1794 |
0.6775 |
0.2578 |
3.7811 |
1.0243 |
0.3614 |
|
(0.2595) |
(0.1219) |
(0.0338) |
(0.2531) |
(0.1133) |
(0.0340) |
PySAL |
5.1842 |
0.6776 |
0.2571 |
3.7973 |
1.0241 |
0.3590 |
|
(0.2594) |
(0.1219) |
(0.0338) |
(0.2531) |
(0.1133) |
(0.0340) |
# Estimation of SUR-SEM
This section presents the results of the estimation of the SUR-SEM model by Maximum Likelihood with **spsur**, **spse** and **PySAL**. The formal expression of SUR-SEM includes a spatial structure in the residuals of the model \@ref(eq:ncovr),
```{=tex}
\begin{equation}
\begin{array}{ll}
HR_{80} = \beta_{10} + PS_{80} \ \beta_{11} + UE_{80} \ \beta_{12} + u_1 \ ; \ u_1 = \lambda_1 W u_1 + \epsilon_1 \\
HR_{90} = \beta_{20} + PS_{90} \ \beta_{21} + UE_{90} \ \beta_{22} + u_2 \ ; \ u_2 = \lambda_2 W u_2 + \epsilon_2 \\
\end{array}
(\#eq:sur-sem)
\end{equation}
```
where $W$ is the $N \times N$ spatial weighting matrix and $\lambda_i$ (i=1,2) are the parameters of spatial dependence. The $W$ matrix has been previously defined in the **PySAL** code
using neighborhood criteria based on the k-nearest-neighbors with k = 10. This $W$ matrix can be imported to the *R* environment and transformed into an *listw* object. The $W$ matrix has been standardized in **PySAL**.
```r
listw <- mat2listw(as.matrix(py_to_r(py$w)$sparse))
```
The *R* code to estimate the SUR-SEM model \@ref(eq:sur-sem) with **spsur** is:
```r
spsur.sem <- spsurml(formula = formula.spsur, data = NCOVR.sf,
listw = listw , type = "sem", control = control)
```
In order to estimate the same model with **spse**, the *sf* object NCOVR.sf must be reordered to transform the data set from a data frame into another one with a structure of panel data.
```r
data <- data.frame(
index_indiv = factor(cbind(paste0("Indv_",rep(1:3085,
each = 2)))),
year = rep(c(1980,1990),3085),
HR = c(rbind(NCOVR.sf$HR80,NCOVR.sf$HR90)),
PS = c(rbind(NCOVR.sf$PS80,NCOVR.sf$PS90)),
UE = c(rbind(NCOVR.sf$UE80,NCOVR.sf$UE90)))
```
With this data frame, model \@ref(eq:sur-sem) can be estimated with **spse**:
```r
eq <- HR ~ PS + UE
formula.spse <- list(tp1 = eq, tp2 = eq)
spse.sem <- spseml(formula.spse, data = data,
w = listw, model = "error", quiet = TRUE)
```
Finally, the **PySAL** code to estimate SUR-SEM model \@ref(eq:sur-sem) is:
```python
from spreg import SURerrorML
pysal_sem = SURerrorML(bigy,bigX,w=w,name_bigy=bigyvars,name_bigX=bigXvars,
name_ds="NAT",name_w="nat_queen")
```
Table 3.1 shows the coefficients and the standard errors obtained in the estimation of equation \@ref(eq:sur-sem) with the three alternatives. The results are very similar, and only small differences appear when the results of **spse** are compared with **spsur** and **PySAL**. The use of different optimization routines is a possible source of the these small numerical differences. For example, the **spsur** optimizes the concentrated Log-Likelihood with the *bobyqa()* from **minqa** [@minqa] while **spse** uses *nlminb()* from the **stats** package [@stats]. The full output of both codes is shown in the Appendix.
Table 3.1 Estimated coefficients and standard errors. SUR-SEM
|
$\hat\beta_{10}$ |
$\hat\beta_{11}$ |
$\hat\beta_{12}$ |
$\hat\beta_{20}$ |
$\hat\beta_{21}$ |
$\hat\beta_{22}$ |
$\hat\lambda_{1}$ |
$\hat\lambda_{2}$ |
spsur |
3.9998 |
1.0185 |
0.4313 |
3.1256 |
1.1626 |
0.4532 |
0.6680 |
0.6252 |
|
(0.4256) |
(0.1414) |
(0.0436) |
(0.3753) |
(0.1354) |
(0.0408) |
(0.0216) |
(0.0233) |
spse |
4.0458 |
1.0090 |
0.4247 |
3.1730 |
1.1609 |
0.4462 |
0.6550 |
0.6245 |
|
(0.4179) |
(0.1414) |
(0.0435) |
(0.3754) |
(0.1357) |
(0.0408) |
(0.0187) |
(0.0197) |
PySAL |
3.9996 |
1.0186 |
0.4314 |
3.1253 |
1.1626 |
0.4533 |
0.6680 |
0.6252 |
|
(0.4256) |
(0.1414) |
(0.0436) |
(0.3753) |
(0.1354) |
(0.0408) |
(NA) |
(NA) |
# Estimation of SUR-SLM
The option to estimate an SUR-SLM model with the 3SLS algorithm [@Anselin2016; @Lopez2020] is available with **spsur** and **PySAL**. The specification of this model in our case is:
```{=tex}
\begin{equation}
\begin{array}{ll}
HR_{80} = \ W HR_{80} \rho_1 + \beta_{10} + PS_{80} \ \beta_{11} + UE_{80} \ \beta_{12} + \epsilon_1 \\
HR_{90} = \ W HR_{90} \rho_2 + \beta_{20} + PS_{90} \ \beta_{21} + UE_{90} \ \beta_{22} + \epsilon_2 \\
\end{array}
(\#eq:sur-slm)
\end{equation}
```
where $\rho_i$ (i=1,2) are the parameters of spatial dependence. The *R* code to estimate SUR-SLM (\@ref(eq:sur-slm)) using the 3SLS algorithm is:
```r
spsur.slm.3sls <- spsur3sls(formula = formula.spsur, data = NCOVR.sf,
listw = listw , type = "slm", trace = FALSE)
```
The code to estimate the equation (\@ref(eq:sur-slm)) with **PySAL** is,
```python
from spreg import SURlagIV
pysal_iv = SURlagIV(bigy,bigX,w=w,w_lags=2,name_bigy=bigyvars,
name_bigX=bigXvars,name_ds="NAT",name_w="nat_queen")
```
Note that the instruments used by default with the function *spsur3sls()* are the first two spatial lags of the independent variables (see @Lopez2020) while the function *SURlagIV()* in **PySAL** considers only the first one by default (see @Anselin2016). Therefore, to obtain equivalent results, it is necessary to include the option $w\_lags = 2$ in the **PySAL** code.
Table 4.1 shows the coefficients and standard error (in parentheses) of the estimation with **spsur** and **PySAL**. As in the case of the SUR-SEM estimation, minimal differences are founded. The results are practically identical. The full output of both codes is shown in the Appendix.
Table 4.1 Estimated coefficients and standard errors. SUR-SLM-IV
|
$\hat\beta_{10}$ |
$\hat\beta_{11}$ |
$\hat\beta_{12}$ |
$\hat\beta_{20}$ |
$\hat\beta_{21}$ |
$\hat\beta_{22}$ |
$\hat\rho_{1}$ |
$\hat\rho_{2}$ |
spsur |
3.6000 |
0.5932 |
0.2913 |
2.3915 |
0.8871 |
0.3626 |
0.1957 |
0.2230 |
|
(1.7539) |
(0.1687) |
(0.0409) |
(0.3649) |
(0.1155) |
(0.0417) |
(0.2611) |
(0.0727) |
PySAL |
3.6000 |
0.5932 |
0.2913 |
2.3915 |
0.8871 |
0.3626 |
0.1957 |
0.2230 |
|
(1.7536) |
(0.1687) |
(0.0409) |
(0.3648) |
(0.1155) |
(0.0417) |
(0.2610) |
(0.0727) |
# Conclusion
In this vignette, a numerical check to compare the results of several spatial SUR models estimations is shown. Fortunately, some functionalities of **spsur** are also available in the **spse** package and also in **PySAL** so the user can choose. The well-known data set [@Baller2001] is used with the objective of comparing the values of the estimated coefficients and standard errors. The results confirm that the three alternatives supply identical outputs with extremely small numerical differences.
# Appendix {#Appendix}
## Full results SUR-SIM
### spsur output
```r
summary(spsur.sim)
```
```
## Call:
## spsurml(formula = formula.spsur, data = NCOVR.sf, type = "sim",
## control = control)
##
##
## Spatial SUR model type: sim
##
## Equation 1
## Estimate Std. Error t value Pr(>|t|)
## (Intercept)_1 5.179417 0.259455 19.9627 < 2.2e-16 ***
## PS80_1 0.677534 0.121932 5.5567 2.865e-08 ***
## UE80_1 0.257775 0.033814 7.6233 2.846e-14 ***
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## R-squared: 0.02502
## Equation 2
## Estimate Std. Error t value Pr(>|t|)
## (Intercept)_2 3.781120 0.253129 14.938 < 2.2e-16 ***
## PS90_2 1.024287 0.113331 9.038 < 2.2e-16 ***
## UE90_2 0.361394 0.034047 10.614 < 2.2e-16 ***
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## R-squared: 0.1099
##
## Variance-Covariance Matrix of inter-equation residuals:
## 45.43619 21.56823
## 21.56823 39.72187
## Correlation Matrix of inter-equation residuals:
## 1.0000000 0.5076902
## 0.5076902 1.0000000
##
## R-sq. pooled: 0.06654
## Breusch-Pagan: 795.9 p-value: (4.3e-175)
```
### PySal output
```python
print(pysal_sim.summary)
```
```
## REGRESSION
## ----------
## SUMMARY OF OUTPUT: SEEMINGLY UNRELATED REGRESSIONS (SUR)
## --------------------------------------------------------
## Data set : nat
## Weights matrix : unknown
## Number of Equations : 2 Number of Observations: 3085
## Log likelihood (SUR): -19860.068 Number of Iterations : 3
## ----------
##
## SUMMARY OF EQUATION 1
## ---------------------
## Dependent Variable : HR80 Number of Variables : 3
## Mean dependent var : 6.9276 Degrees of Freedom : 3082
## S.D. dependent var : 6.8251
##
## ------------------------------------------------------------------------------------
## Variable Coefficient Std.Error z-Statistic Probability
## ------------------------------------------------------------------------------------
## Constant_1 5.1842323 0.2593924 19.9860602 0.0000000
## PS80 0.6775792 0.1219113 5.5579678 0.0000000
## UE80 0.2570650 0.0338051 7.6043173 0.0000000
## ------------------------------------------------------------------------------------
##
## SUMMARY OF EQUATION 2
## ---------------------
## Dependent Variable : HR90 Number of Variables : 3
## Mean dependent var : 6.1829 Degrees of Freedom : 3082
## S.D. dependent var : 6.6403
##
## ------------------------------------------------------------------------------------
## Variable Coefficient Std.Error z-Statistic Probability
## ------------------------------------------------------------------------------------
## Constant_2 3.7973181 0.2531089 15.0027035 0.0000000
## PS90 1.0241120 0.1133298 9.0365598 0.0000000
## UE90 0.3589567 0.0340440 10.5438928 0.0000000
## ------------------------------------------------------------------------------------
##
##
## REGRESSION DIAGNOSTICS
## TEST DF VALUE PROB
## LM test on Sigma 1 680.168 0.0000
## LR test on Sigma 1 854.181 0.0000
##
## OTHER DIAGNOSTICS - CHOW TEST BETWEEN EQUATIONS
## VARIABLES DF VALUE PROB
## Constant_1, Constant_2 1 23.457 0.0000
## PS80, PS90 1 8.700 0.0032
## UE80, UE90 1 6.843 0.0089
##
## DIAGNOSTICS FOR SPATIAL DEPENDENCE
## TEST DF VALUE PROB
## Lagrange Multiplier (error) 2 2278.632 0.0000
## Lagrange Multiplier (lag) 2 2153.976 0.0000
##
## ERROR CORRELATION MATRIX
## EQUATION 1 EQUATION 2
## 1.000000 0.507913
## 0.507913 1.000000
## ================================ END OF REPORT =====================================
```
## Full results SUR-SEM
### spsur output
```r
summary(spsur.sem)
```
```
## Call:
## spsurml(formula = formula.spsur, data = NCOVR.sf, listw = listw,
## type = "sem", control = control)
##
##
## Spatial SUR model type: sem
##
## Equation 1
## Estimate Std. Error t value Pr(>|t|)
## (Intercept)_1 3.999783 0.425587 9.3983 < 2.2e-16 ***
## PS80_1 1.018523 0.141382 7.2040 6.544e-13 ***
## UE80_1 0.431340 0.043645 9.8829 < 2.2e-16 ***
## lambda_1 0.667989 0.021592 30.9374 < 2.2e-16 ***
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## R-squared: 0.3561
## Equation 2
## Estimate Std. Error t value Pr(>|t|)
## (Intercept)_2 3.125570 0.375304 8.3281 < 2.2e-16 ***
## PS90_2 1.162587 0.135392 8.5868 < 2.2e-16 ***
## UE90_2 0.453225 0.040766 11.1178 < 2.2e-16 ***
## lambda_2 0.625186 0.023276 26.8594 < 2.2e-16 ***
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## R-squared: 0.3724
##
## Variance-Covariance Matrix of inter-equation residuals:
## 30.711725 8.751191
## 8.751191 28.408108
## Correlation Matrix of inter-equation residuals:
## 1.0000000 0.2962743
## 0.2962743 1.0000000
##
## R-sq. pooled: 0.3658
## Breusch-Pagan: 270.8 p-value: (7.63e-61)
## LMM: 267.61 p-value: (3.76e-60)
```
### spse output
```r
summary(spse.sem)
```
```
##
## Simultaneous Equations Model:
##
## Call:
## spseml(formula = formula.spse, data = data, w = listw, quiet = TRUE,
## model = "error")
##
## Equation 1
## Estimate Std.Error t value Pr(>|t|)
## (Intercept) 4.045752 0.417886 9.6815 < 2.2e-16 ***
## PS 1.009015 0.141429 7.1344 9.719e-13 ***
## UE 0.424679 0.043513 9.7598 < 2.2e-16 ***
##
## Spatial autocorrelation coefficient: 0.655 Pr(>|t|) 0
##
## _______________________________________________________
##
## Equation 2
## Estimate Std.Error t value Pr(>|t|)
## (Intercept) 3.172955 0.375401 8.4522 < 2.2e-16 ***
## PS 1.160865 0.135689 8.5553 < 2.2e-16 ***
## UE 0.446204 0.040767 10.9452 < 2.2e-16 ***
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
##
## Spatial autocorrelation coefficient: 0.6245 Pr(>|t|) 0
##
## _______________________________________________________
```
### PySal output
```python
print(pysal_sem.summary)
```
```
## REGRESSION
## ----------
## SUMMARY OF OUTPUT: SEEMINGLY UNRELATED REGRESSIONS (SUR) - ML SPATIAL ERROR MODEL
## ---------------------------------------------------------------------------------
## Data set : NAT
## Weights matrix : nat_queen
## Number of Equations : 2 Number of Observations: 3085
## Log likelihood (SUR): -19860.068
## Log likel. (error) : -19344.228 Log likel. (SUR error): -19215.933
## ----------
##
## SUMMARY OF EQUATION 1
## ---------------------
## Dependent Variable : HR80 Number of Variables : 3
## Mean dependent var : 6.9276 Degrees of Freedom : 3082
## S.D. dependent var : 6.8251
##
## ------------------------------------------------------------------------------------
## Variable Coefficient Std.Error z-Statistic Probability
## ------------------------------------------------------------------------------------
## Constant_1 3.9995930 0.4255575 9.3984776 0.0000000
## PS80 1.0185647 0.1413612 7.2054039 0.0000000
## UE80 0.4313678 0.0436389 9.8849267 0.0000000
## lambda_1 0.6680433
## ------------------------------------------------------------------------------------
##
## SUMMARY OF EQUATION 2
## ---------------------
## Dependent Variable : HR90 Number of Variables : 3
## Mean dependent var : 6.1829 Degrees of Freedom : 3082
## S.D. dependent var : 6.6403
##
## ------------------------------------------------------------------------------------
## Variable Coefficient Std.Error z-Statistic Probability
## ------------------------------------------------------------------------------------
## Constant_2 3.1253307 0.3752706 8.3282066 0.0000000
## PS90 1.1625986 0.1353719 8.5881796 0.0000000
## UE90 0.4532595 0.0407597 11.1202836 0.0000000
## lambda_2 0.6252406
## ------------------------------------------------------------------------------------
##
##
## REGRESSION DIAGNOSTICS
## TEST DF VALUE PROB
## LR test on Sigma 1 256.591 0.0000
##
## OTHER DIAGNOSTICS - CHOW TEST BETWEEN EQUATIONS
## VARIABLES DF VALUE PROB
## Constant_1, Constant_2 1 3.111 0.0778
## PS80, PS90 1 0.767 0.3812
## UE80, UE90 1 0.165 0.6847
##
## ERROR CORRELATION MATRIX
## EQUATION 1 EQUATION 2
## 1.000000 0.296257
## 0.296257 1.000000
## ================================ END OF REPORT =====================================
```
## Full results SUR-SLM-IV
### spsur output
```r
summary(spsur.slm.3sls)
```
```
## Call:
## spsur3sls(formula = formula.spsur, data = NCOVR.sf, listw = listw,
## type = "slm", trace = FALSE)
##
##
## Spatial SUR model type: slm
##
## Equation 1
## Estimate Std. Error t value Pr(>|t|)
## (Intercept)_1 3.600033 1.753859 2.0526 0.040150 *
## PS80_1 0.593229 0.168744 3.5156 0.000442 ***
## UE80_1 0.291323 0.040887 7.1250 1.16e-12 ***
## rho_1 0.195653 0.261078 0.7494 0.453643
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## R-squared: 0.1995
## Equation 2
## Estimate Std. Error t value Pr(>|t|)
## (Intercept)_2 2.391472 0.364855 6.5546 6.033e-11 ***
## PS90_2 0.887118 0.115519 7.6794 1.848e-14 ***
## UE90_2 0.362642 0.041738 8.6885 < 2.2e-16 ***
## rho_2 0.222994 0.072671 3.0686 0.00216 **
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## R-squared: 0.2807
##
## Variance-Covariance Matrix of inter-equation residuals:
## 59.15973 21.01769
## 21.01769 34.68056
## Correlation Matrix of inter-equation residuals:
## 1.0000000 0.4397986
## 0.4397986 1.0000000
##
## R-sq. pooled: 0.2385
## Breusch-Pagan: 664.2 p-value: (1.8e-146)
```
### PySal output
```python
print(pysal_iv.summary)
```
```
## REGRESSION
## ----------
## SUMMARY OF OUTPUT: SEEMINGLY UNRELATED REGRESSIONS (SUR) - SPATIAL LAG MODEL
## ----------------------------------------------------------------------------
## Data set : NAT
## Weights matrix : nat_queen
## Number of Equations : 2 Number of Observations: 3085
## ----------
##
## SUMMARY OF EQUATION 1
## ---------------------
## Dependent Variable : HR80 Number of Variables : 4
## Mean dependent var : 6.9276 Degrees of Freedom : 3081
## S.D. dependent var : 6.8251
##
## ------------------------------------------------------------------------------------
## Variable Coefficient Std.Error z-Statistic Probability
## ------------------------------------------------------------------------------------
## Constant_1 3.6000333 1.7535743 2.0529688 0.0400756
## PS80 0.5932292 0.1687164 3.5161321 0.0004379
## UE80 0.2913228 0.0408809 7.1261406 0.0000000
## W_HR80 0.1956528 0.2610360 0.7495244 0.4535412
## ------------------------------------------------------------------------------------
## Instrumented: W_HR80
## Instruments: WW_PS80, WW_UE80, W_PS80, W_UE80
##
## SUMMARY OF EQUATION 2
## ---------------------
## Dependent Variable : HR90 Number of Variables : 4
## Mean dependent var : 6.1829 Degrees of Freedom : 3081
## S.D. dependent var : 6.6403
##
## ------------------------------------------------------------------------------------
## Variable Coefficient Std.Error z-Statistic Probability
## ------------------------------------------------------------------------------------
## Constant_2 2.3914725 0.3647963 6.5556384 0.0000000
## PS90 0.8871183 0.1155004 7.6806495 0.0000000
## UE90 0.3626418 0.0417315 8.6898895 0.0000000
## W_HR90 0.2229941 0.0726587 3.0690610 0.0021473
## ------------------------------------------------------------------------------------
## Instrumented: W_HR90
## Instruments: WW_PS90, WW_UE90, W_PS90, W_UE90
##
##
## OTHER DIAGNOSTICS - CHOW TEST BETWEEN EQUATIONS
## VARIABLES DF VALUE PROB
## Constant_1, Constant_2 1 0.496 0.4811
## PS80, PS90 1 3.288 0.0698
## UE80, UE90 1 1.945 0.1631
## W_HR80, W_HR90 1 0.011 0.9147
##
## ERROR CORRELATION MATRIX
## EQUATION 1 EQUATION 2
## 1.000000 0.464012
## 0.464012 1.000000
## ================================ END OF REPORT =====================================
```