| 变量 | (1) | (2) | (3) |
| lndebt | 0.1439629*** | 1.210236*** | 0.0310575 |
| (2.8) | (4.26) | (0.47) | |
| lnfdi | 0.0860941*** | ||
| −3.16 | |||
| Cons | −2.650657*** | −8.658885*** | −1.833269*** |
| (−6.08) | (−3.64) | (−3.30) | |
| 控制变量 | YES | YES | YES |
| N | 210 | 210 | 210 |
| R2 | 0.095 | 0.4219 | 0.1164 |