sgr

sgr

sgr

cvrg

0.0055

(0.51)

dpth

0.0097**

(2.28)

dgt

0.0065*

(1.93)

lqd

−0.0007***

−0.0007***

−0.0007***

(−3.16)

(−3.15)

(−3.19)

pftg

0.0010***

0.0010***

0.0010***

(4.33)

(4.28)

(4.30)

eqt

0.0244***

0.0244***

0.0245***

(8.00)

(8.01)

(8.05)

pftm

1.0755***

1.0770***

1.0780***

(43.54)

(43.80)

(43.76)

_cons

−0.0304***

−0.0342***

−0.0299***

(−3.87)

(−7.14)

(−7.89)

year

Yes

Yes

Yes

idv

Yes

Yes

Yes

N

3914

3914

3914

R2

0.7362

0.7368

0.7367