Table 5 Significant contextual factors: Tobit regression models
Predictors | model (1) | model (2) | model (3) | model (4) | model (5) | model (6) |
|---|---|---|---|---|---|---|
BOR | −0.0171*** | −0.0172*** | −0.0170*** | −0.0142*** | −0.0149*** | −0.0129*** |
(0.00209) | (0.00203) | (0.00213) | (0.00221) | (0.00160) | (0.00229) | |
OPIPR | −0.218*** | −0.211*** | −0.219*** | −0.207*** | −0.204*** | −0.197*** |
(0.0588) | (0.0690) | (0.0426) | (0.0380) | (0.0485) | (0.0387) | |
ALOS | 0.00596 | 0.00753 | 0.00553 | −0.0302 | −0.0391 | −0.0626 |
(0.0726) | (0.0663) | (0.0661) | (0.0469) | (0.0797) | (0.0808) | |
LOC | − 0.0543* | − 0.0526 | − 0.0516 | − 0.0345 | − 0.0239 | − 0.0117 |
(0.0304) | (0.0365) | (0.0414) | (0.0387) | (0.0389) | (0.0381) | |
SIZE | 0.0440 | 0.0413 | 0.0422 | 0.0467 | 0.0760* | 0.0745* |
(0.0435) | (0.0375) | (0.0358) | (0.0408) | (0.0442) | (0.0389) | |
ADHR | −0.0432 | |||||
(0.284) | ||||||
PEFP | 0.000385 | |||||
(0.00280) | ||||||
PPHB | 0.00267** | 0.00212 | ||||
(0.00134) | (0.00163) | |||||
PRC | 0.0633*** | 0.0561*** | ||||
(0.0193) | (0.0216) | |||||
Constant | 2.009*** | 2.019*** | 1.997*** | 1.558*** | 1.644*** | 1.327*** |
(0.177) | (0.161) | (0.183) | (0.276) | (0.206) | (0.297) | |
Observations | 66 | 66 | 66 | 66 | 66 | 66 |
Sigma | 0.107 | 0.107 | 0.107 | 0.103 | 0.1 | 0.075 |
Wald X2 | 220.01 | 286.32 | 293.53 | 648.35 | 470.95 | 750.17 |
Prob. > X2 | < 0.001 | < 0.001 | < 0.001 | < 0.001 | < 0.001 | < 0.001 |
Pseudo R2 | 2.682 | 2.683 | 2.683 | 2.77 | 2.83 | 4.12 |
Log likelihood | 38.14 | 38.15 | 38.15 | 40.15 | 41.45 | 55.47 |