无固定效应

个体固定效应

时间固定效应

双固定效应

截距项

−1.8906^***

(0.2545)

lngf

0.0148

(0.0155)

0.0075

(0.0156)

0.0223^***

(0.0141)

−0.0033

(0.01392)

lnaggregate

0.6614^***

(0.0264)

0.6638^***

(0.0251)

0.5280^***

(0.0388)

0.4902^***

(0.0249)

lnpgdp

0.1810^***

(0.0272)

0.1293^***

(0.0277)

0.2692^**

(0.0214)

0.0411^*

(0.0246)

lnstr

−0.0091

(0.0166)

−0.0208

(0.0159)

0.0464

(0.0208)

−0.0133

(0.0141)

lnopen

−0.0124

(0.0084)

−0.0109

(0.0083)

0.0082^***

(0.0081)

0.0011

(0.0072)

lninc

−0.0121

(0.0098)

−0.0094

(0.0097)

−0.0458

(0.0080)

0.0070

(0.0083)

W^*lngf

0.0235

(0.0238)

0.0581^**

(0.0245)

0.0184

(0.0251)

−0.0201

(0.0296)

W^*lnaggregate

−0.5631^***

(0.0305)

−0.5479^***

(0.0310)

−0.0320^***

(0.0390)

−0.1026^***

(0.0262)

W^*lnpgdp

0.0817^***

(0.0257)

0.2526^***

(0.0479)

0.0884^*

(0.0287)

0.2017^***

(0.0433)

W^*lnstr

−0.1800^***

(0.0622)

−0.1265^**

(0.0640)

−0.1291

(0.0670)

−0.2306^***

(0.0701)

W^*lnopen

0.0356^***

(0.0132)

0.0185

(0.0135)

−0.0102^***

(0.0158)

0.0283^*

(0.0148)

W^*lninc

−0.0684^***

(0.0193)

−0.0834^***

(0.0197)

−0.0688

(0.0179)

−0.0603^***

(0.0172)

ρ

0.7901^***

0.7118^***

0.2228

0.3000

R2

0.9756

0.9826

0.9433

0.9385

Log-L

405.4217

477.3783

366.5025

554.3363

sigma^2

0.0024

0.0021

0.0048

0.0014

Hausman test

50.7700^***

50.7700^***

1637.9300^***

1637.9300^***

Wald_lag

430.3800^***

Wald_err

65.5600^***

LR_lag

249.8200^***

LR_err

68.4200^***