| (1) |
| GI2 |
pre_4 | 0.4759 |
| (1.2833) |
pre_3 | 0.5332 |
| (1.6178) |
pre_2 | −0.0534 |
| (−0.1637) |
current | −0.0448 |
| (−0.1204) |
post_1 | −0.5522 |
| (−1.4697) |
post_2 | −1.2828*** |
| (−2.9502) |
post_3 | −1.3691*** |
| (−2.6163) |
post_4 | −2.9186*** |
| (−4.8076) |
_cons | −0.3628 |
| (−1.1524) |
N | 31181 |
r2_a | 0.1103 |
Year | YES |
Industry | YES |