| 被解释变量 | 解释变量 | ||
| TOP | EMO | BEH | |
| TOP (−1) | 0.0205 | 0.0015 | 0.4756 |
| −0.1638 | −0.1145 | −2.6895 | |
| [ 0.1252] | [ 0.0132] | [ 0.1768] | |
| TOP (−2) | 0.4476 | −0.0661 | −1.4738 |
| −0.1405 | −0.0982 | −2.3074 | |
| [ 3.1857] | [−0.6725] | [−0.6387] | |
| TOP (−3) | 0.0559 | 0.0794 | 10.3622 |
| −0.1492 | −0.1043 | −2.4505 | |
| [ 0.3747] | [ 0.7611] | [ 4.2287] | |
| EMO (−1) | −0.1496 | 0.2579 | −0.5314 |
| −0.2452 | −0.1714 | −4.0258 | |
| [−0.6102] | [ 1.5049] | [−0.1320] | |
| EMO (−2) | −0.4893 | −0.2464 | −1.0809 |
| −0.2413 | −0.1687 | −3.9625 | |
| [−2.0280] | [−1.4608] | [−0.2728] | |
| EMO (−3) | −0.1119 | −0.0672 | 5.3500 |
| −0.2305 | −0.1612 | −3.7859 | |
| [−0.4855] | [−0.4168] | [ 1.4131] | |
| BEH (−1) | −0.0081 | −0.0151 | 0.2089 |
| −0.0079 | −0.0055 | −0.1295 | |
| [−1.0259] | [−2.7303] | [ 1.6134] | |
| BEH (−2) | −0.0054 | −0.0052 | 0.1891 |
| −0.0089 | −0.0062 | −0.1456 | |
| [−0.6083] | [−0.8380] | [ 1.2995] | |
| BEH (−3) | −0.0149 | −0.0012 | 0.1876 |
| −0.0080 | −0.0056 | −0.1320 | |
| [−1.8567] | [−0.2213] | [ 1.4211] | |
| C | 0.3310 | 0.4064 | −2.3854 |
| −0.1426 | −0.0997 | −2.3409 | |
| [ 2.3221] | [ 4.0782] | [−1.0190] | |