Table 3 OLS estimates of CDFs with and without outliers, t-values in parentheses; dependent variable: logarithm of sales—lnY
With outliers | Without outliers | Without strong leverages | With Hadi-MOD | |
|---|---|---|---|---|
lnL | 0.9472 | 0.9415 | 1.0409 | 0.9412 |
(222.12) | (240.28) | (169.10) | (240.10) | |
lnK | 0.2225 | 0.2242 | 0.1724 | 0.2243 |
(70.11) | (77.04) | (36.33) | (77.08) | |
MOD | 1.8810 | |||
(2.33) | ||||
const | 9.0811 | 9.0498 | 9.3445 | 9.0490 |
(333.20) | (362.66) | (238.53) | (362.62) | |
n | 34,308 | 33,851 | 27,262 | 34,308 |
R 2 | 0.866 | 0.866 | 0.805 | 0.843 |