Table 4 Results of threshold effect existence test.
Threshold variable | Threshold model | F value | P value | Threshold | ||
---|---|---|---|---|---|---|
1% significance level | 5% significance level | 10% significance level | ||||
Zpl | Single | 98.87*** | 0.0000 | 23.4984 | 15.9294 | 12.0914 |
Double | 49.36*** | 0.0033 | 20.6680 | 15.0567 | 11.8799 | |
Third | 20.49 | 0.1600 | 63.1724 | 45.5999 | 30.4397 | |
Zcxl | Single sill | 97.83*** | 0.0000 | 23.4424 | 16.2127 | 12.9027 |
Double | 32.49*** | 0.0100 | 25.0560 | 16.8805 | 12.3795 | |
Third | 24.11 | 0.5267 | 79.8325 | 58.1474 | 50.6830 | |
Zlsl | Single | 7.82 | 0.3300 | 20.0080 | 16.5343 | 13.2744 |