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Effects of Sci-Tech Innovation and Financial Capital Integration based on SVAR Model
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He Ruiya
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Table 5 Estimated results of current relation of SVAR of direct financing
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| Coefficient | Standard deviation | Z statistic | Probability | | -b21 | 0.2508 | 0.0453 | 5.5331 | 0.0000 | | -b12 | 3.1670 | 0.0814 | 38.8644 | 0.0000 | | -b32 | 1.6385 | 0.1716 | 9.5485 | 0.0000 | | -b13 | 1.5073 | 0.4585 | 3.2871 | 0.0000 | | -b23 | 0.3862 | 0.1188 | 3.2502 | 0.0012 | | -b24 | -0.3020 | 0.0228 | -1.4019 | 0.1609 | | Log likelihood -30.20506 |
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