变量

Growth

(1)

TS

(2)

Growth

(3)

fin

0.168^***

0.047^***

0.147^***

(0.007)

(0.004)

(0.007)

treat × post

0.237^***

0.001

0.237^***

(0.028)

(0.016)

(0.027)

fin × treat × post

0.030^***

0.046^***

0.010

(0.011)

(0.007)

(0.011)

invest

0.437^***

0.004

0.436^***

(0.036)

(0.022)

(0.035)

consume

−1.057^***

−0.194^***

−0.971^***

(0.098)

(0.058)

(0.094)

gov

−0.285^**

0.152^**

−0.352^***

(0.111)

(0.066)

(0.108)

sed

2.174^***

−3.009^***

3.500^***

(0.086)

(0.052)

(0.116)

inno

0.217^***

0.018^***

0.209^***

(0.006)

(0.003)

(0.006)

ts

0.441^***

(0.027)

_cons

8.178^***

2.220^***

7.200^***

(0.066)

(0.039)

(0.087)

R-squared

0.72

0.63

0.74

N

3666

3666

3666