The F -statistic for these restrictions is approximately 2, which has a marginal significance level of 9% and cannot be rejected at the usual 5% significance level.
2
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The sentences
We find a statistically different impact for the four banking crises according to the corresponding highly significant F -statistic reported in Table 5 : The banking crises of 1931 and 1991 clearly had a stronger effect than those of 1911 and 2007.