Effects of the Interest Rate and Reserve Requirement Ratio on Bank Risk in China: A Panel Smooth Transition Regression Approach

Table 5

Tests of no remaining nonlinearity (test for the number of regimes).

	Test	Statistic	value
Model (1)	Lagrange multiplier-Wald	0.017	0.992
Model (2)	Lagrange multiplier-Wald	0.047	0.977

Note: : PSTR with one threshold; : PSTR with at least two thresholds.