(0)

(1)主效应

(2)调节效应

Market

1.000***

0.166***

0.229***

(0.034)

(0.022)

(0.036)

Urb

4.239***

3.988***

(0.616)

(0.630)

Gov

1.850***

1.648***

(0.341)

(0.351)

Tal

22.299***

19.101***

(6.841)

(7.176)

Open

−0.912***

−0.916***

(0.113)

(0.115)

Pgdp

0.972***

1.015***

(0.077)

(0.080)

Ind

1.565***

1.469***

(0.319)

(0.321)

Market * old

−0.661**

(0.291)

old

6.192**

(2.728)

_cons

1.913***

1.357***

0.903***

(0.266)

(0.222)

(0.297)

N

510.000

510.000

510.000

R2

0.638

0.954

0.955

固定效应