sgr

sgr

sgr

cvrg

0.0050

(0.46)

dpth

0.0131***

(2.64)

dgt

0.0103***

(2.71)

bgt

0.0037*

0.0035**

0.0042**

(1.76)

(2.00)

(2.41)

itctc

−0.0006

(−1.47)

itctd

−0.0006*

(−1.88)

itctdg

−0.0006**

(−2.12)

lqd

−0.0007***

−0.0007***

−0.0007***

(−3.11)

(−3.10)

(−3.13)

pftg

0.0010***

0.0010***

0.0010***

(4.39)

(4.31)

(4.39)

eqt

0.0243***

0.0243***

0.0244***

(7.96)

(7.97)

(8.01)

pftm

1.0744***

1.0759***

1.0771***

(43.59)

(43.91)

(43.83)

_cons

−0.0416***

−0.0471***

−0.0451***

(−4.20)

(−5.75)

(−6.16)

year

Yes

Yes

Yes

idv

Yes

Yes

Yes

N

3914

3914

3914

R2

0.7365

0.7372

0.7372