|
| 更换计算方法 | 更换被解释变量 | EPU滞后一期 | 系统GMM | 2SLS |
| Score | ROE | Score | Score | Score | |
| EPU 12 | −0.001*** |
|
|
|
|
|
| (0.000) |
|
|
|
|
| L.EPU |
|
| −0.0663*** |
|
|
|
|
|
| (0.0193) |
|
|
| L.Score |
|
|
| 0.732*** |
|
|
|
|
|
| (0.0925) |
|
| EPU |
| −0.00879*** | −0.139*** | −0.0304*** | −0.227*** |
|
|
| (0.00114) | (0.0211) | (0.00775) | (0.0226) |
| _cons | −8.165 | −0.815** | −18.36*** | −8.851 | −6.197** |
|
| (5.163) | (0.325) | (5.114) | (5.670) | (2.772) |
| 控制变量 | YES | YES | YES | YES | YES |
| N | 256 | 250 | 240 | 240 | 240 |
| R-squared | 0.425 | 0.663 | 0.560 |
| 0.503 |