本人用matlab尝试跑出pstr模型结果如下：
PLEASE CITE:

Fouquau J., Hurlin C. et Rabaud I. (2008), The Feldstein-Horioka Puzzle: a Panel Smooth Transition Regression Approach
Economic Modelling, vol. 25(2), pp. 284-299

AND

Colletaz G. et Hurlin C. (2006), Threshold Effects in the Public Capital Productivity: An International Panel Smooth Transition Approach
Document de Recherche LEO

Thank you


***********************
*** LINEARITY Tests ***
***********************

H0: Linear Model H1: PSTR model with at least one Threshold Variable (r=1)

     Wald Tests (LM):         W = 54.014    pvalue = 0.000

     Fisher Tests (LMF):      F = 7.144    pvalue = 0.000

     LRT Tests (LRT):         LRT = 58.985    pvalue = 0.000



**************************************************************************
*** TESTING THE NUMBER OF REGIMES: TESTS OF NO REMAINING NON-LINEARITY ***
**************************************************************************

  Initial Conditions : Assumed Number of Thresholds r = 1   Number of Regressions = 270
Initial Conditions on (c,gamma)
   1.0e+04 *
    0.0001    1.2592
  Estimation of the Model with r = 1 and m = 1 : Convergence = 1   RSS = 1954425.954
  RSS under H1 = 1858909.126

H0: PSTR with r = 1  against  H1: PSTR with at least r = 2

     Wald Tests (LM):         W = 16.128    pvalue = 0.041

     Fisher Tests (LMF):      F = 1.773    pvalue = 0.082

     LRT Tests (LRT):         LRT = 16.535    pvalue = 0.035


Given the choices of rmax = 2 and m = 1, the OPTIMAL (LMF criterion) NUMBER OF THRESHOLD FUNCTIONS is r = 1


**************************************
*** FINAL ESTIMATION OF PSTR MODEL ***
**************************************

   Final Estimation of the Model with r = 1 and m = 1 by NLS ***

   Initial Conditions on (gamma,c) :
   1.0e+04 *
    0.0001    1.2552
  RSS = 1954425.954      Convergence = 1   

  AIC = 8.855      BIC = 9.062   

Estimated slope parameter of the transition function (one for for each transition function)
    0.9239
Estimated location parameters (per column for each transition function)
   1.2552e+04
Estimated slope parameters (per column for each transition function)
   1.0e+04 *
    0.0000   -0.0000
   -0.6303    1.9705
    0.0000   -0.0000
   -0.0190   -0.0389
   -0.0096    0.0059
   -0.0000    0.0000
   -0.0000    0.0000
   -0.0000    0.0000
Standard Errors of estimated slope parameters corrected fo heteroskedasticity (per column for each transition function)
   1.0e+03 *
    0.0000    0.0000
    7.0774    5.4228
    0.0000    0.0000
    0.1610    0.1585
    0.1170    0.1111
    0.0000    0.0000
    0.0000    0.0000
    0.0000    0.0000
t-statistics based on corrected standard errors (per column for each transition function)
    2.7669   -3.3211
   -0.8906    3.6338
    4.6268   -2.5291
   -1.1774   -2.4568
   -0.8222    0.5345
   -0.8073    0.5276
   -0.8784    1.6717
   -0.5080    0.2812
OUPUT: Individual Elasticities for each explicative variable (first column is the cross section identifier) are available in the excel file result1.xls
奈何结果不太看得明白，看论文上都展示了参数的估计值，但不知道对应结果的哪些部分，还请大神们答疑解惑啊