Uji Chow Estimasi Model Regresi Data Panel
64
probabilitas 0,05, maka H ditolak dan menerima H
1
, artinya model yang tepat adalah dengan menggunakan pendekatan fixed effect.
Tabel 4.7 Hasil Common Effect Model
Dependent Variable: ROA Method: Panel Least Squares
Sample: 2011Q1 2016Q2 Periods included: 22
Cross-sections included: 4 Total panel balanced observations: 88
Variable Coefficient
Std. Error t-Statistic
Prob. C
9.432785 0.538975
17.50135 0.0000
D_METODE -0.117547
0.071502 -1.643961
0.1040 CAR
-0.005393 0.007036
-0.766496 0.4456
NPF -0.082986
0.019511 -4.253342
0.0001 BOPO
-0.083418 0.005227
-15.96004 0.0000
FDR -0.006795
0.003388 -2.005351
0.0482 R-squared
0.863729 Mean dependent var 0.837727
Adjusted R-squared 0.855420 S.D. dependent var
0.681431 S.E. of regression
0.259105 Akaike info criterion 0.202581
Sum squared resid 5.505112 Schwarz criterion
0.371490 Log likelihood
-2.913563 Hannan-Quinn criter. 0.270630
F-statistic 103.9487 Durbin-Watson stat
1.080631 ProbF-statistic
0.000000
Sumber : Output Eviews
Tabel 4.8 Hasil Fixed Effect Model
Dependent Variable: ROA Method: Panel Least Squares
Sample: 2011Q1 2016Q2 Periods included: 22
Cross-sections included: 4 Total panel balanced observations: 88
Variable Coefficient
Std. Error t-Statistic
Prob. C
9.976973 0.567116
17.59248 0.0000
D_METODE -0.040186
0.077035 -0.521665
0.6038 CAR
-0.023406 0.009132
-2.562975 0.0129
NPF -0.077177
0.020270 -3.807412
0.0003 BOPO
-0.091313 0.006000
-15.21850 0.0000
FDR -0.002223
0.003898 -0.570347
0.5705 Effects Specification
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Period fixed dummy variables R-squared
0.919298 Mean dependent var 0.837727
Adjusted R-squared 0.884900 S.D. dependent var
0.681431 S.E. of regression
0.231185 Akaike info criterion 0.155977
Sum squared resid 3.260237 Schwarz criterion
0.916069 Log likelihood
20.13703 Hannan-Quinn criter. 0.462199
F-statistic 26.72558 Durbin-Watson stat
1.404923 ProbF-statistic
0.000000
Sumber : Output Eviews
Tabel 4.9 Hasil Uji Chow
Redundant Fixed Effects Tests Equation: Untitled
Test period fixed effects Effects Test
Statistic d.f.
Prob. Period F
2.000108 21,61
0.0188 Period Chi-square
46.101188 21
0.0012
Sumber : Output Eviews
Hasil output di atas menunjukkan nilai probabilitas period F adalah sebesar 0,0188 yang berarti nilainya 0,05, maka H
ditolak dan menerima H
1
. Karena hasil tersebut menunjukkan bahwa H
ditolak, maka dapat dikatakan bahwa model fixed effect lebih tepat digunakan daripada model common effect.