##
## Attaching package: 'dplyr'
## The following objects are masked from 'package:plm':
##
## between, lag, lead
## The following objects are masked from 'package:stats':
##
## filter, lag
## The following objects are masked from 'package:base':
##
## intersect, setdiff, setequal, union
## Loading required package: zoo
##
## Attaching package: 'zoo'
## The following objects are masked from 'package:base':
##
## as.Date, as.Date.numeric
## [1] "cusip" "merger" "employ" "return" "patents" "patentsg"
## [7] "stckpr" "rnd" "rndeflt" "rndstck" "sales" "sic"
## [13] "year"
## tibble [2,260 × 13] (S3: tbl_df/tbl/data.frame)
## $ cusip : num [1:2260] 800 800 800 800 800 800 800 800 800 800 ...
## $ merger : num [1:2260] 0 0 0 0 0 0 0 0 0 0 ...
## $ employ : num [1:2260] 9.85 12.32 12.2 11.84 12.99 ...
## $ return : num [1:2260] 5.82 5.69 4.42 5.28 4.91 ...
## $ patents : num [1:2260] 22 34 31 32 40 60 57 77 38 5 ...
## $ patentsg: num [1:2260] 24 32 30 34 28 33 53 47 64 70 ...
## $ stckpr : num [1:2260] 47.6 57.9 33 38.5 35.1 ...
## $ rnd : num [1:2260] 2.56 3.1 3.27 3.24 3.78 ...
## $ rndeflt : num [1:2260] 2.56 2.91 2.8 2.52 2.78 ...
## $ rndstck : num [1:2260] 16.2 17.4 19.6 21.9 23.1 ...
## $ sales : num [1:2260] 344 436 535 567 631 ...
## $ sic : num [1:2260] 3740 3740 3740 3740 3740 3740 3740 3740 3740 3740 ...
## $ year : num [1:2260] 2012 2013 2014 2015 2016 ...
##
## Call:
## glm(formula = patentsg ~ rndeflt + return + employ + sales, family = poisson(link = "log"),
## data = panel_data)
##
## Coefficients:
## Estimate Std. Error z value Pr(>|z|)
## (Intercept) 2.487e+00 9.031e-03 275.42 <2e-16 ***
## rndeflt -8.019e-04 4.412e-05 -18.17 <2e-16 ***
## return 4.331e-02 7.999e-04 54.15 <2e-16 ***
## employ 1.136e-02 6.296e-05 180.39 <2e-16 ***
## sales -2.956e-05 1.191e-06 -24.83 <2e-16 ***
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
##
## (Dispersion parameter for poisson family taken to be 1)
##
## Null deviance: 180561 on 2230 degrees of freedom
## Residual deviance: 98378 on 2226 degrees of freedom
## AIC: 105646
##
## Number of Fisher Scoring iterations: 6
##
## z test of coefficients:
##
## Estimate Std. Error z value Pr(>|z|)
## (Intercept) 2.4872e+00 1.3693e-01 18.1642 < 2.2e-16 ***
## rndeflt -8.0191e-04 2.0270e-03 -0.3956 0.6923838
## return 4.3310e-02 1.2160e-02 3.5616 0.0003686 ***
## employ 1.1356e-02 1.5753e-03 7.2092 5.628e-13 ***
## sales -2.9563e-05 5.1462e-05 -0.5745 0.5656568
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
