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An Econometric Analysis of Panel Data for Educational Attainment and Employment in Tertiary Education

Table 6: Results of FMOLS

Variable Coefficient St. Error t P
D(EDUATT) -0.247394 0.089786 -2.755385 0.0061*
R-squared 0.029462 Mean dependent var 0.010575
Adjusted R-squared -0.025834 S.D. dependent var 1.032312
S.E. of regression 1.045562 Sum squared resid 556.4384
Long-run variance 2.173909
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