| 变量 | lnTC | |
| Model 1 | Model 2 | |
| FE | SDM (W1) | |
| lnP | 0.9986*** | −0.6222*** |
| (144.75) | (−29.23) | |
| lnRPGDP | 1.0279*** | −0.6033*** |
| (83.41) | (−23.11) | |
| lnEE | −1.0453*** | 0.5938*** |
| (−92.53) | (23.86) | |
| lnES | 0.0283 | 0.0016 |
| (1.32) | (0.04) | |
| lnCZH | −0.1266*** | 0.0323 |
| (−7.21) | (1.12) | |
| lnIS | 0.0012 | 0.043** |
| (0.09) | (2.10) | |
| lnFDI | 0.0191*** | 0.0480*** |
| (4.37) | (7.95) | |
| R2 | 0.9331 | |
| Log-L | 717.8829 | |
| σ2 | 0.6738 | |