표 2 GLS and FIML 기법의 추정결과

종속변수:경매낙찰소요시간(T′)	GLS강남	노원	종합	종합	FIML송파
obs.	1440	1243	1650	4333	4333
상수	0.2435(1.12)	0.0998(0.61)	0.0990(0.45)	0.2110(1.16)	0.2754(1.77)*
경매이익	1.922(9.65)^**	2.4809(45.10)^**	2.8645(55.12)^**	2.4886(56.77)^**	3.0126(51.21)^**
건축연수	−0.4566(−4.51)^**	−0.2331(−4.49)^**	−0.0210(−0.74)	−0.2436(−4.98)^**	−0.2350(−4.96)^**
면적	0.3452(2.34)^**	0.2335(2.96)^**	0.1256(3.44)^**	0.3513(4.98)^**	0.2684(6.21)^**
총 층수	−0.0910(−2.33)^**	−0.0776(−2.21)^**	−0.1160(−2.46)^**	−0.1081(−2.31)^**	−0.1722(−2.77)^**
거주 층수	−0.0224(−0.65)	−0.0101(−0.56)	−0.0533(−3.22)^**	−0.0383(−1.86)^*	−0.0200(−1.97)^**
남향더미	−0.1237(−1.05)	−0.0334(−1.00)	−0.0339(−1.04)	−0.0354(−1.35)	−0.0201(−1.23)
교통접근성	−0.0599(−1.45)	−0.0430(−1.94)^*	0.0006(0.04)	−0.0470(−2.06)^**	−0.0621(−2.11)^**
강남지역더미				−0.2335(−4.58)^**	−0.2523(−4.02)^**
예상 가격변동	−1.6873(−0.60)	−1.5609(−1.14)	−1.0023(−0.56)	−1.4450(−2.01)^**	−1.5523(−2.23)^**
경매입찰자 숫자	0.4330(8.10)^**	0.3306(29.20)^**	0.4137(28.45)^**	0.4689(30.10)^**	0.4143(31.45)^**
저당권 존재여부	−0.1018(−2.06)^**	−0.0988(−1.90)^*	−0.0302(−0.97)	−0.0534(−1.64)	−0.0566(−1.84)^*
R²/D.W.	0.8430/1.9801	0.8990/2.0177	0.8446/2.0514	0.8133/1.9909	0.7988/2.001
AIC/Root MSE	154.10/0.6001	239.10/0.1189	245.67/0.2133	250.10/0.2366	243.11/0.2334