| (1) | (2) | (3) | (4) | (5) | (6) |
被解释变量 | 消费增长率 | 消费增长率 | 消费增长率 | 消费增长率 | 消费增长率 | 消费增长率 |
实际利率水平 | 0.239*** | 0.203*** | 0.238*** | 0.150*** | 0.558*** | 0.381*** |
(5.193) | (3.974) | (5.873) | (3.109) | (4.838) | (3.409) | |
t | 0.002*** | 0.000 | −0.000 | 0.007*** | 0.001** | −0.001 |
(7.569) | (0.050) | (−0.414) | (2.988) | (2.342) | (−0.574) | |
经济发展水平 |
| −0.012*** |
| −0.014*** |
| −0.010*** |
| (−5.196) |
| (−3.396) |
| (−6.286) | |
基础设施 |
| −0.001 |
| 0.002 |
| −0.000 |
| (−0.731) |
| (1.425) |
| (−0.769) | |
社会总劳动水平 |
| 0.031 |
| 0.967** |
| 0.125*** |
| (0.101) |
| (2.265) |
| (3.084) | |
受教育程度 |
| −0.000 |
| −0.000 |
| −0.000 |
| (−0.165) |
| (−0.855) |
| (−0.137) | |
城镇居民财富水平 |
| 0.098*** |
| −0.007 |
| 0.048*** |
| (3.023) |
| (−0.601) |
| (4.326) | |
农村居民财富水平 |
| −0.063*** |
| −0.038* |
| −0.010 |
| (−3.181) |
| (−1.873) |
| (−0.938) | |
常数项 | 0.079*** | −0.295 | 0.076*** | −0.623* | 0.046*** | −0.312*** |
(245.426) | (−1.483) | (68.038) | (−2.012) | (3.129) | (−5.909) | |
观测值 | 870 | 870 | 900 | 900 | 960 | 960 |
R2 | 0.077 | 0.243 | 0.020 | 0.096 | 0.005 | 0.117 |