变量

salary

(1)

salary

(2)

salary

(3)

salary

(4)

price

2.538***

0.880***

2.010***

1.115***

(19.76)

(5.52)

(8.71)

(6.68)

lninvest

5148.473***

−644.307

(4.83)

(−0.51)

lngdp

23,844.230***

9413.377***

(12.25)

(4.70)

lnjob

−5262.813***

−73.101

(−2.80)

(−0.05)

lnsecond

−5265.396

−12,288.841

(−0.62)

(−1.27)

lnthird

14,681.682

−11,960.676

(1.14)

(−0.84)

lnbook

−1026.335

322.863

(−1.27)

(0.56)

lnroad

−4657.730***

−3718.521**

(−2.64)

(−2.51)

lngrass

1094.191

438.882

(1.01)

(0.28)

lnbed

7065.986***

2182.005**

(2.81)

(2.04)

lnteacher

3080.505

3189.429**

(1.52)

(2.55)

lnbus

−15,540.578***

856.091

(−8.48)

(0.41)

lnemploy

−3911.414***

−9908.278***

(−2.78)

(−2.81)

lncost

−1926.116

−91.584

(−1.52)

(−0.11)

lncpi

−13,023.525

99,367.576**

(−0.46)

(2.56)

Constant

39,731.079***

57,963.171***

−291,457.088*

−312,359.772

(26.68)

(14.27)

(−1.73)

(−1.54)

时间固定效应

未控制

已控制

未控制

已控制

个体固定效应

未控制

已控制

未控制

已控制

Observations

420

420

420

420

R-squared

0.483

0.967

0.843

0.972