VAR

lndstri

lngdpi

lngdpj

lnefi

lnpop

cons

双向固定效应

R-squared

(1) RCA

−0.029^***

(−5.230)

0.023

(0.600)

0.214^**

(2.850)

0.660^***

(3.940)

−0.279

(−1.380)

−1.979

(−0.760)

YES

0.1031

(2) MS

−0.001^**

(−3.650)

0.011^***

(28.500)

0.004^**

(3.230)

0.022^**

(2.690)

−0.032^***

(−9.950)

0.093^**

(2.950)

YES

0.1460