(1)

(2)

(3)

lnaging

0.310***

0.213***

0.213***

−9.53

−7.46

−7.46

ir

0.00202

0.00202

−0.54

−0.54

to

0.806***

0.806***

−3.85

−3.85

ur

−0.0209*

−0.0209*

(−2.28)

(−2.28)

gs

0.207*

0.207*

−2.5

−2.5

is

−0.0629***

−0.0629***

(−4.80)

(−4.80)

pergdp

0.0195***

0.0195***

−4.63

−4.63

perfai

−0.00561

−0.00561

(−1.41)

(−1.41)

控制变量

年份固定效应

_cons

−0.866***

−0.903*

−0.852*

(−11.51)

(−2.31)

(−2.14)

观测值

270

270

270

R

0.6138