| (1) | (2) |
| TFP-LP | TFP-FIX |
L.Fin-back | −0.053** | −0.081*** |
| (0.021) | (0.021) |
Soe | 0.108*** | 0.137*** |
| (0.011) | (0.012) |
Lev | 1.180*** | 1.315*** |
| (0.030) | (0.031) |
Roa | 3.251*** | 3.282*** |
| (0.082) | (0.084) |
Size | 0.618*** | 0.824*** |
| (0.005) | (0.005) |
Age | 0.032** | 0.031** |
| (0.014) | (0.014) |
Indratio | −0.136 | −0.232*** |
| (0.086) | (0.089) |
_cons | −5.436*** | −7.528*** |
| (0.123) | (0.126) |
N | 15632.000 | 15632.000 |
r2 | 0.738 | 0.809 |
Industry | Yes | Yes |
year | Yes | Yes |