TSP Version 4.5
                           (06/03/99) DOS/Win      4MB
                      Copyright (C) 1999 TSP International
                               ALL RIGHTS RESERVED
                                07/02/03 9:40 AM
                In case of questions or problems, see your local TSP 
                consultant or send a description of the problem and the 
                associated TSP output to:
                                TSP International
                            P.O. Box 61015, Station A
                               Palo Alto, CA 94306
                                       USA
          PROGRAM
 LINE  ******************************************************************
 |      1  freq a;
 |      2  smpl 1980 1998;
 |      3  load(file='cons.txt') year cons yd dummy;
 |      4  ? print year cons yd dummy;
 |      4  olsq cons c yd;
 |      5  dyd=dummy*yd;
 |      6  olsq cons c dummy yd dyd;
 |      7  end;
          EXECUTION
 *******************************************************************************

 Current sample:  1980 to 1998


                                      Equation   1
                                      ============

                       Method of estimation = Ordinary Least Squares


 Dependent variable: CONS
 Current sample:  1980 to 1998
 Number of observations:  19

        Mean of dep. var. = 229.868      LM het. test = .047697 [.827]
   Std. dev. of dep. var. = 38.6727     Durbin-Watson = .659395 [.000,.001]
 Sum of squared residuals = 95.8121  Jarque-Bera test = 1.14388 [.564]
    Variance of residuals = 5.63601   Ramsey's RESET2 = 30.7251 [.000]
 Std. error of regression = 2.37403   F (zero slopes) = 4759.49 [.000]
                R-squared = .996441    Schwarz B.I.C. = 45.2748
       Adjusted R-squared = .996232    Log likelihood = -42.3304

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 C         -25.0366      3.73479       -6.70361      [.000]
 YD        .951474       .013792       68.9891       [.000]


                                      Equation   2
                                      ============

                       Method of estimation = Ordinary Least Squares


 Dependent variable: CONS
 Current sample:  1980 to 1998
 Number of observations:  19

        Mean of dep. var. = 229.868      LM het. test = .226964 [.634]
   Std. dev. of dep. var. = 38.6727     Durbin-Watson = 2.23054 [.360,.925]
 Sum of squared residuals = 19.8883  Jarque-Bera test = .301792 [.860]
    Variance of residuals = 1.32589   Ramsey's RESET2 = .049813 [.827]
 Std. error of regression = 1.15147   F (zero slopes) = 6762.87 [.000]
                R-squared = .999261    Schwarz B.I.C. = 33.2828
       Adjusted R-squared = .999113    Log likelihood = -27.3939

            Estimated    Standard
 Variable  Coefficient     Error       t-statistic   P-value
 C         -48.4096      3.63889       -13.3034      [.000]
 DUMMY     47.9336       11.6351       4.11973       [.001]
 YD        1.05222       .015199       69.2306       [.000]
 DYD       -.183184      .038884       -4.71107      [.000]

 *******************************************************************************

 END OF OUTPUT.

   MEMORY USAGE:    ITEM:    DATA ARRAY  TOTAL MEMORY
                   UNITS:  (4-BYTE WORDS) (MEGABYTES)
   MEMORY ALLOCATED         :    500000       4.0
   MEMORY ACTUALLY REQUIRED :      1216       2.1
   CURRENT VARIABLE STORAGE :       632