Table 4 - One-Way SUR Model for Per Capita Sales in Eating and Drinking Places

Table 4 - One-Way SUR Model for Per Capita Sales in Eating and Drinking Places

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  Initial specification Final specification
Coefficient t-stat Coefficient t-stat
CONSTANT 1.83E+04 2.11 1.50E+04 1.96
STATE SALES PERCAP 7.13E-01 3.3 6.97E-01 3.28
YEAR -9.55E+00 -2.12 -7.81E+00 -1.97
YEAR 1982 -1.20E+02 -3.31 -1.16E+02 -3.27
ELDERLY 4.74E+00 1.03    
UNEMP RATE 7.89E+00 1.19    
INCOME PERCAP 3.17E-02 2.85 2.59E-02 2.67
LARGECITY POP/DIST 1.30E-02 4.25 1.44E-02 5.38
TOT TRAFFIC PERCAP 1.69E+02 8.76 1.66E+02 8.86
RELIEF ROUTE -1.96E+02 -0.84 1.77E+02 1.79
NUM YEARS -2.41E+00 -0.20    
NUM YEARS SQ -1.82E-01 -0.39    
TRAFFIC SPLIT -6.40E+02 -2.56 -6.75E+02 -3.32
DIST OLD 2.83E+01 1.42    
DIST RATIO 2.59E+02 1.17    
ACCESS CONTROL -2.01E+01 -0.27    
R2adj. 0.58   0.59  
σ2μ 2.04E+04   2.38E+04  
σ2ν 4.34E+04   4.27E+04