| 变量 | LLC检验(水平值方程) | Fisher-ADF(水平值方程) |
|---|---|---|
| ln manuf | -1.8258** (0.0339) | 33.8294*** (<0.0001) |
| ln ser | -4.4912*** (<0.0001) | 24.1514*** (0.0005) |
| ln labm | -1.8487** (0.0323) | 12.2036 * (0.0576) |
| ln capm | -1.5752* (0.0576) | 16.6626** (0.0106) |
| ln rdm | -2.9514*** (0.0016) | 21.1072*** (0.0018) |
| ln labs | -1.6149* (0.0532) | 13.7536** (0.0325) |
| open | -2.544*** (0.0055) | 12.2091* (0.0575) |
| mar | -2.2124** (0.0135) | 15.8587** (0.0145) |
| fd | -2.3419*** (0.0096) | 16.9737*** (0.0096) |
| urb | -9.3836*** (<0.0001) | 31.3374*** (<0.0001) |
| ln rgdp | -2.9569*** (0.0016) | 21.3128*** (0.0016) |
