(1)

(2)

(3)

(4)

(5)

(6)

VARIA

BLES

国企

非国企

国企

非国企

国企

非国企

FIN₁

FIN₁

SFIN

SFIN

LFIN

LFIN

EPU

0.006^***

0.009^***

0.004^***

0.007^***

0.002^***

0.002^***

控制变量

(0.001)

YES

(0.001)

YES

(0.001)

YES

(0.001)

YES

(0.000)

YES

(0.000)

YES

系数差异检验

chi2(1) = 14.28

Prob > chi2 = 0.0002

chi2(1) = 11.10

Prob > chi2 = 0.0009

chi2(1) = 3.49

Prob > chi2 = 0.0616

Obs

10750

15138

10750

15138

10750

15138

R-sq

0.111

0.172

0.108

0.177

0.044

0.060

Indus

YES

YES

YES

YES

YES

YES