变量

LLC

IPS

ADF-Fisher

PP

平稳性

Log(CX)

21.3829

8.987

7.828

不平稳

(1.0000)

(0.9999)

(1.0000)

Log(ZY)

7.610

3.097

8.268

不平稳

(1.0000)

(1.0000)

(1.0000)

Log(YC)

0.834

21.467

13.281

不平稳

(0.7977)

(0.8727)

(0.9964)

Log(GZ)

−1.186

27.484

32.904

不平稳

(0.1179)

(0.5977)

(0.3267)

Log(ZC)

7.762

1.031

0.455

不平稳

(1.0000)

(1.0000)

(1.0000)

Log(ΔCX)

−1.038

25.218

21.702

不平稳

(0.1496)

(0.7144)

(0.8647)

Log(ΔZY)

−9.402***

−2.729***

60.585***

80.578***

平稳

(0.0000)

(0.0032)

(0.0008)

(0.0000)

Log(ΔYC)

−8.509***

−2.462***

58.822***

84.012***

平稳

(0.0000)

(0.0076)

(0.0013)

(0.0000)

Log(ΔGZ)

−9.383***

−2.532***

58.393***

68.302***

平稳

(0.0000)

(0.0057)

(0.0014)

(0.0001)

Log(ΔZC)

−15.146***

−3.325***

62.249***

76.540***

平稳

(0.0000)

(0.0004)

(0.0005)

(0.0000)

Log(Δ2CX)

−16.403***

−37.856***

49.306**

50.3594**

平稳

(0.0000)

(0.0000)

(0.0146)

(0.0114)