| 非国企 | 国企 |
difi | 0.0176* | 0.0265 |
| (1.91) | (1.24) |
lqd | −0.0006*** | −0.0016 |
| (−2.79) | (−1.46) |
pftg | 0.0009*** | 0.0026* |
| (4.06) | (1.67) |
eqt | 0.0246*** | 0.0035 |
| (8.00) | (0.3·0) |
pftm | 1.0728*** | 1.1639*** |
| (42.94) | (10.91) |
_cons | −0.0395*** | −0.0176 |
| (−5.71) | (−1.09) |
year | Yes | Yes |
idv | Yes | Yes |
N | 3697 | 217 |
R2 | 0.7352 | 0.8081 |