(1)

(2)

(3)

(4)

m1

m2

m3

m4

数字经济发展水平

0.4976^***

−1.4155^***

−1.5537^***

(2.8868)

(−8.1357)

(−9.6911)

经济发展水平

−0.0156^*

0.0313^***

0.0469^***

(−1.7118)

(3.2188)

(4.4540)

政府支出

−0.1083^***

−0.1153^***

−0.1026^***

(−3.0245)

(−3.8136)

(−3.7135)

对外开放

−1.2568^***

−1.1315^***

−1.0696^***

(−5.6649)

(−5.2976)

(−6.7650)

房价成本

0.0689^***

0.0506^***

0.0541^***

(5.3032)

(4.1145)

(4.2669)

环境成本

−0.0207^***

−0.0141^***

−0.0134^***

(−2.8601)

(−2.6760)

(−3.7363)

劳动力成本

−0.0004

−0.0002

−0.0003

(−1.2384)

(−0.5316)

(−0.7271)

基础设施

0.0018^***

0.0012^***

0.0012^***

(3.1378)

(2.9286)

(4.2195)

人力资本

3.1995^***

6.3198^***

6.0210^***

(4.7866)

(13.5568)

(10.9237)

商品市场分割指数

−8.0600

−7.5326

−8.9721

(−1.1875)

(−1.3831)

(−1.3664)

_cons

0.6874^***

1.1788^***

1.1428^***

1.0567^***

(18.8149)

(12.9535)

(16.3035)

(12.9367)

N

341

341

341

341

r2_a

0.0587

0.5559

0.6456

0.6469