|
| SA | SA | SA | SA |
经济发达地区 | FT | −0.1032*** |
|
|
|
(−5.29) |
|
|
| ||
FT_bre |
| −0.0857*** |
|
| |
| (−5.00) |
|
| ||
FT_dep |
|
| −0.0733*** |
| |
|
| (−5.36) |
| ||
FT_lev |
|
|
| −0.0158 | |
|
|
| (−1.20) | ||
| (3.78) | (3.50) | (4.29) | (5.99) | |
_cons | 2.6372*** | 2.5857*** | 2.5680*** | 2.3981*** | |
(38.67) | (40.74) | (42.92) | (40.63) | ||
Control | YES | YES | YES | YES | |
Industry | YES | YES | YES | YES | |
Year | YES | YES | YES | YES | |
N | 10,965 | 10,965 | 10,965 | 10,965 | |
Adjusted R2 | 0.3933 | 0.3932 | 0.3923 | 0.3867 | |
欠发达地区 | FT | −0.1099*** |
|
|
|
(−6.74) |
|
|
| ||
FT_bre |
| −0.1089*** |
|
| |
| (−6.56) |
|
| ||
FT_dep |
|
| −0.0696*** |
| |
|
| (−6.47) |
| ||
FT_lev |
|
|
| −0.1059*** | |
|
|
| (−6.47) | ||
_cons | 2.6696*** | 2.6413*** | 2.5545*** | 2.7260*** | |
(36.23) | (36.88) | (40.23) | (34.08) | ||
Control | YES | YES | YES | YES | |
Industry | YES | YES | YES | YES | |
Year | YES | YES | YES | YES | |
N | 11,134 | 11,134 | 11,134 | 11,134 | |
Adjusted R2 | 0.3799 | 0.3791 | 0.3791 | 0.3736 |