VARIABLES

(1)

(2)

(3)

(4)

lnTS1

lnTS1

lnRIS2

lnRIS2

treatpost

0.131^***

0.0909^***

0.00912^***

0.00989^***

(0.0159)

(0.0157)

(0.00331)

(0.00314)

lnPOP

−0.0431

−0.0358^*

(0.0853)

(0.0186)

lnedu

−0.141^***

0.0141^*

(0.0319)

(0.00748)

lnPGDP

−0.412^***

0.0156^***

(0.0228)

(0.00588)

rfinance

9.29e−05^***

−3.98e−04^***

(2.32e−03)

(5.63e−06)

Constant

−0.0959^*

6.123^***

−0.168^***

−0.235^*

(0.0541)

(0.512)

(0.0119)

(0.137)

个体效应

YES

YES

YES

YES

时间效应

YES

YES

YES

YES

Observations

2515

2493

2491

2471

R-squared

0.841

0.864

0.763

0.781