I'm having a bit of trouble interpreting the following output:
Code:
------------------------------------------------------------------------------ CAR_win | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- UAI | .000398 .0002983 1.33 0.184 -.0001909 .000987 LnSize | -.004797 .0023237 -2.06 0.041 -.0093846 -.0002094 Leverage | -.0165098 .0201235 -0.82 0.413 -.056239 .0232195 LnDealValue | .0049224 .0024342 2.02 0.045 .0001167 .0097282 Domestic | -.0060647 .0094017 -0.65 0.520 -.0246263 .0124969 Horizontal | -.0071151 .0072168 -0.99 0.326 -.021363 .0071329 Japan | -.0226577 .0123482 -1.83 0.068 -.0470364 .0017211 US | -.0255653 .0130358 -1.96 0.052 -.0513015 .0001709 _cons | .0483734 .0301197 1.61 0.110 -.0110911 .1078378 ------------------------------------------------------------------------------
However I'm not sure about the coëfficiënt. Do I say that the CAR decreases by -0,004797% or by 0,4797%?
Same with Japan & US, they are dummies. So if their value is equal to 1, is there a decrease of 22% or of 0,22%?
Kind regards! Just a rookie question.
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