解释变量 | 收入分权 | 支出分权 | ||
固定效应(t) | 随机效应(z) | 固定效应(t) | 随机效应(z) | |
c | 48.340*** (4.63) | 33.472*** (3.11) | 75.430*** (5.21) | 55.139*** (4.04) |
revd | 0.778*** (8.53) | 0.832*** (8.7) | - | - |
expd | - | - | −0.517*** (−4.34) | −0.561*** (−4.84) |
rgdp | 0.263*** (4.73) | 0.290*** (4.80) | 0.145*** (6.25) | 0.176*** (6.77) |
rrev | - | - | 0.034* (1.75) | 0.044* (1.88) |
rexp | −0.103*** (−4.90) | −0.102*** (−4.41) | - | - |
is | −0.609*** (−4.76) | −0.454*** (−3.46) | −0.254*** (−3.94) | −0.206*** (−3.12) |
hausman检验 | 0.0000 | 0.0000 |