Explanatory Factors for Public Transportation Financing Needs in Spain

Table 8

Random effects GLS regression results (ll).

Needs/PS	Coef.	Std. Err	z	P>z	[95% Conf. Interval]
Ownership	-0.012	0.012	-1.000	0.316	-0.035	0.011
Unemployment rate	-0.005	0.011	-0.480	0.633	-0.027	0.016
GDP	-0.013	0.022	-0.570	0.568	-0.056	0.031
Passengers	0.225	0.074	3.050	0.002	0.080	0.369
Price	-0.023	0.016	-1.450	0.146	-0.055	0.008
Vehicles	0.910	0.155	5.870	0.001	0.606	1.213
KM/tra.	0.437	0.139	3.140	0.002	0.164	0.711
Lines	0.054	0.061	0.880	0.379	-0.066	0.173
COMM/par.	0.002	0.002	1.000	0.315	-0.001	0.005
FIN/reg.	0.017	0.016	1.040	0.297	-0.015	0.048
COMM/def.	-0.222	0.117	-1.890	0.058	-0.451	0.008
MUN/def.	0.013	0.010	1.350	0.176	-0.006	0.032
TRSP/aut.	0.003	0.013	0.220	0.823	-0.023	0.029
Metro/light rail	0.031	0.017	1.810	0.070	-0.003	0.065
Employees	0.172	0.056	3.080	0.002	0.063	0.281
Drivers	-0.912	0.124	-7.380	0.001	-1.154	-0.669
POP/den.	0.131	0.028	4.640	0.001	0.076	0.186
_cons	-0.021	0.012	-1.800	0.071	-0.045	0.002
sigma_u	0.024
sigma_e	0.014
rho	0.757	(fraction of variance due to u_i)

Source: authors’ own.