Variables

(1)

Fin

(2)

Fin

(3)

Fin

(4)

Fin

Private^*

0.011^***

0.011^***

0.281^**

1.003^***

(3.31)

(5.33)

(1.02)

(2.18)

Constant

1.901^***

0.928^***

0.741

1.028^**

(1.07)

(0.12)

(0.58)

(1.61)

Industry FE

NO

YES

NO

YES

Year FE

NO

NO

YES

YES

N

18392

18392

18392

18392

R²

0.201

0.231

0.162

0.901