T-M模型

H-M模型

C-L模型

−0.0620

(−0.0926)

−0.0441

(−0.5527)

−0.0296

(−0.3000)

0.3362^***

(5.7260)

0.2897^***

(7.0928)

0.3602^***

(5.6905)

0.0726^*

(1.5002)

0.0217^**

(2.4590)

0.0078^*

(1.5113)

0.1128^*

(1.6022)

0.0978^*

(1.4984)

0.0763^**

(2.2778)

R-squared

0.8526

0.8827

0.7963

Durbin-Watson stat

2.0261

2.0017

2.0329