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Table 4 Fixed Effects vs Random Effects—tests results

From: An impact of economic slowdown on health. New evidence from 21 European countries

  Breusch-Pagan test (Null hypothesis: Variance of the unit-specific error = 0) Durbin-Wu-Hausman test (Null hypothesis: GLS estimates are consistent)
Asymptotic test statistic: Chi-square Asymptotic test statistic: Chi-square
LE0_M (model 1) 2391.06 *** 33.0661 ***
LE65_M (model 2) 1120.84 *** 70.9523 ***
HALE0_M (model 3) 2768.23 *** 30.3985 ***
HALE65_M (model 4) 2406.02 *** 9.76034 *
LE0_F (model 5) 2391.06 *** 33.0661 ***
LE65_F (model 6) 2651.24 *** 28.0398 ***
HALE0_F (model 3) 2615.73 *** 19.3224 ***
HALE65_F (model 4) 2549.78 *** 56.1893 ***
  1. * significance level α = 0.1
  2. ** significance level α = 0.05
  3. *** significance level α = 0.01