Variable

TIVM

TVM

Coefficient

t值

Coefficient

t值

β 0

−289.78059***

−290.0976

−289.56554***

−289.7977

G D P n t

0.79585121***

12.2222

0.8302134***

12.8623

P O P n t

0.115214

1.2804

0.021194

0.1940

G D P m t

0.13915845***

2.9440

0.20714867***

3.7049

L A B m t

15.033875***

92.5959

15.058281***

74.4342

D I S m n t

−2.4872976***

−7.4294

−2.746254***

−7.3531

σ 2

2.4193178***

10.7522

2.4326435***

5.1470

γ

0.84626822***

95.2478

0.85132967***

44.0503

μ

2.8617419***

11.3336

2.8781811***

5.3100

η

-

-

0.0460***

4.7089

Log Likelihood

−1036.8819

−1027.1428

LR统计量

1158.8813

1158.3595