VARIABLES

(2)

(3)

(4)

(5)

(2.1)

(2.2)

(3.1)

(3.2)

(4.1)

(4.2)

(5.1)

(5.2)

fans_lvl

0.235^***

0.012

0.172^***

0.077^**

0.075^***

0.199^***

0.102^***

0.370^***

(17.94)

(0.27)

(16.11)

(2.06)

(9.26)

(3.87)

(10.66)

(2.97)

gender

−0.004

−0.061

−0.052^***

−0.058

−0.044^***

−0.132^**

−0.053^***

−0.234

(−0.20)

(−1.05)

(−3.66)

(−1.12)

(−3.99)

(−2.02)

(−4.13)

(−1.46)

fu_num

−0.000

−0.001^**

0.000

−0.000

0.000

0.000

0.000^***

−0.001^*

(−0.05)

(−2.40)

(0.44)

(−1.49)

(1.34)

(1.12)

(4.14)

(−1.94)

fans_num

−0.000

0.000

−0.000

0.000^**

0.000^***

0.000

0.000

−0.000^*

(−0.56)

(1.14)

(−1.51)

(2.38)

(2.95)

(1.40)

(1.14)

(−1.67)

feed_num

0.002

−0.001

−0.004^***

−0.004^***

−0.002^***

−0.000

−0.001^*

0.000

(0.62)

(−1.27)

(−3.94)

(−5.13)

(−2.89)

(−0.18)

(−1.80)

(0.04)

is_streamer

−0.009

−0.042

0.070^***

−0.048

0.028

−0.003

0.018

0.093

(−0.27)

(−0.48)

(2.99)

(−0.64)

(1.61)

(−0.03)

(0.87)

(0.43)

Constant

−0.767^***

0.001

−0.431^***

−0.285

0.778^***

−2.036^***

0.155

−4.566^**

(−7.10)

(0.00)

(−3.73)

(−0.71)

(7.07)

(−3.00)

(0.98)

(−2.28)

Observations

3436

2952

6560

4221

10,781

2707

9623

581

R-squared

0.120

0.034

0.104

0.047

0.092

0.066

0.110

0.140