VAR

(1)

制造业服务

(2)

维修

(3)

运输

(4)

旅行

(5)

建筑

(6)

保险

lndstri

−0.008^***

(−4.390)

−0.011^**

(−2.22)

−0.006^*

(−2.190)

0.001

(0.30)

−0.017^***

(−5.420)

0.003

(1.11)

lngdpi

−0.037^***

(−7.260)

0.009

(0.97)

0.062^***

(10.540)

−0.012^**

(−2.49)

0.116^***

(21.030)

0.006

(1.21)

lngdpj

−0.016

(−1.660)

0.069^***

(4.60)

0.061^**

(2.780)

−0.005

(−0.60)

−0.064^***

(−6.680)

0.014^*

(1.82)

lnefi

0.147^*

(2.360)

0.04

(0.77)

0.051^*

(2.330)

−0.017

(−0.60)

−0.029

(−0.490)

0.013

(0.47)

lnpop

0.072^*

(2.230)

0.109^**

(2.09)

−0.093^***

(−5.890)

0.065^**

(2.35)

−0.079

(−1.160)

0.019

(0.72)

cons

−0.736^**

(−2.550)

−2.027^***

(−4.07)

−0.514

(−1.580)

−0.367

(−1.39)

0.533

(0.920)

−0.413

(−1.62)

国家固定效应

YES

YES

YES

YES

YES

YES

时间固定效应

YES

YES

YES

YES

YES

YES

R-squared

0.1400

0.268

0.6855

0.107

0.3109

0.124

VAR

(7)

金融

(8)

知识产权

(9)

通信、计算机、信息

(10)

其他商业

(11)

个人文娱

(12)

政府服务

lndstri

0.002

(1.05)

−0.000074

(−0.04)

−0.007^***

(−3.20)

−0.001

(−0.56)

0.000083

(0.02)

−0.002

(−0.44)

lngdpi

0.003

(1.01)

0.016^***

(5.27)

0.008^**

(2.21)

0.008^**

(2.20)

0.021^***

(2.62)

0.019^**

(2.55)

lngdpj

−0.002

(−0.33)

0.005

(0.99)

0.011^*

(1.80)

−0.001

(−0.20)

−0.022

(−1.63)

−0.009

(−0.73)

lnefi

−0.005

(−0.30)

−0.007

(−0.39)

0.02^*

(0.92)

0.014

(0.61)

0.012

(0.24)

−0.044

(−1.00)

lnpop

−0.014

(−0.78)

−0.019

(−1.05)

0.029

(1.33)

−0.025

(−1.15)

0.082^*

(1.72)

−0.007

(−0.15)

cons

0.155

(0.91)

0.011

(0.06)

−0.546^***

(−2.64)

0.156

(0.73)

−0.771

(−1.70)

0.195

(0.46)

国家固定效应

YES

YES

YES

YES

YES

YES

时间固定效应

YES

YES

YES

YES

YES

YES

R-squared

0.040

0.341

0.209

0.105

0.134

0.124