Transfer variable

Fog-haze risk comprehensive index equation

Industrial structure equation

Energy use efficiency equation

$L{M}_3$

$F_{t-1}$

9.99 (0.11)

9.54 (0.01)

9.76 (0.70)

$F_{t-2}$

9.97 (0.14)

9.75 (0.08)

9.82 (0.29)

$zg{y}_t$

9.52 (0.01)

-

-

$zg{y}_{t-1}$

9.88 (0.01)

9.83 (0.00)

9.98 (0.05)

$zg{y}_{t-2}$

9.33 (0.62)

9.99 (0.07)

9.98 (0.70)

$eo{e}_t$

9.99 (0.02)

-

-

$eo{e}_{t-1}$

8.58 (0.00)

6.59 (0.04)

8.82 (0.03)

$eo{e}_{t-2}$

9.93 (0.09)

5.12 (0.06)

5.20 (0.14)