Table 4. Summary of posterior distributions for Model 3: City-level and district-level effects

Parameter Mean SD 5% HDI 95% HDI MCSE mean MCSE SD R-hat
α[Seoul] 0.0082 0.0055 –0.0005 0.0169 0.0002 0.0002 1.00
α[Busan] 0.0016 0.0051 –0.0061 0.0103 0.0001 0.0001 1.00
α[Daegu] 0.0017 0.0057 –0.0069 0.0114 0.0002 0.0001 1.01
α[Incheon] 0.0012 0.0054 –0.0077 0.0101 0.0001 0.0001 1.01
α[Gwangju] –0.0029 0.0059 –0.0128 0.0062 0.0002 0.0001 1.00
α[Daejeon] –0.0051 0.0065 –0.0156 0.0044 0.0002 0.0002 1.00
α[Ulsan] –0.0045 0.0063 –0.0145 0.0051 0.0002 0.0002 1.00
β0 (intercept) 0.0101 0.0002 0.0098 0.0103 0.0000 0.0000 1.00
β1 (national-level momentum effect) –0.4388 0.0043 –0.4456 –0.4321 0.0001 0.0001 1.00
σ (residual SD) 0.1059 0.0001 0.1057 0.1061 0.0000 0.0000 1.00
σα (city-level momentum effect SD) 0.0081 0.0049 0.0006 0.0144 0.0002 0.0001 1.01
σδ (district-level momentum effect SD) 0.0123 0.0024 0.0087 0.0164 0.0001 0.0001 1.01
Note: This table reports the posterior summaries for the Model 3. The posterior mean and SD represent the central tendency and dispersion of the estimated parameters. The 5% and 95% highest density intervals (HDIs) define the central 90% credible region for each parameter. Monte Carlo standard errors (MCSE) assess the numerical accuracy of the posterior mean and SD estimates. R-hat values close to 1 indicate satisfactory convergence across Markov chain Monte Carlo (MCMC) chains. The parameter α[city] denotes the city-level momentum effect. District-level momentum effects (δk) are not reported here due to the limited space.