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 65 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.

2. Uji Hausman

Uji Hausman digunakan untuk menentukan apakah model yang paling tepat digunakan adalah model fixed effect atau model random effect. Dalam penelitian ini uji hausman dilakukan dalam pengujian data panel dengan memilih random effect pada period section panel option. Hipotesis uji hausman dalam peneltian ini adalah: H : Random Effect Model REM 66 H 1 : Fixed Effect Model FEM Dengan ketentuan apabila nilai probabilitas 0,05, maka H diterima dan tolak H 1 yang artinya model yang tepat menggunakan pendekatan random effect. Namun apabila nilai probabilitas 0,05, maka H ditolak dan menerima H 1 yang artinya model yang tepat adalah menggunakan pendekatan fixed effect. Tabel 4.10 Hasil Random Effect Model Dependent Variable: ROA Method: Panel EGLS Period random effects Sample: 2011Q1 2016Q2 Periods included: 22 Cross-sections included: 4 Total panel balanced observations: 88 Swamy and Arora estimator of component variances Variable Coefficient Std. Error t-Statistic Prob. C 9.587571 0.507040 18.90889 0.0000 D_METODE -0.103566 0.066711 -1.552465 0.1244 CAR -0.009170 0.006934 -1.322593 0.1896 NPF -0.083294 0.018234 -4.568094 0.0000 BOPO -0.085230 0.005032 -16.93702 0.0000 FDR -0.006064 0.003244 -1.869267 0.0652 Effects Specification S.D. Rho Period random 0.087645 0.1257 Idiosyncratic random 0.231185 0.8743 Weighted Statistics R-squared 0.870319 Mean dependent var 0.667536 Adjusted R-squared 0.862412 S.D. dependent var 0.650367 S.E. of regression 0.241240 Sum squared resid 4.772126 F-statistic 110.0644 Durbin-Watson stat 1.109178 ProbF-statistic 0.000000 Unweighted Statistics R-squared 0.862990 Mean dependent var 0.837727 Sum squared resid 5.534992 Durbin-Watson stat 1.069765 Sumber : Output Eviews