(1)

(2)

(3)

(4)

VARIABLES

FIN₁

FIN₂

SFIN

LFIN

EPU12

0.008^***

0.010^***

0.005^***

0.002^***

控制变量

(0.001)

YES

(0.001)

YES

(0.001)

YES

(0.000)

YES

Obs

25888

25888

25888

25888

R-sq

0.132

0.131

0.131

0.044

Indus

YES

YES

YES

YES