(1)

(2)

TFP-LP

TFP-FIX

L.Bankback

−0.143***

−0.176***

(0.039)

(0.040)

Soe

0.108***

0.135***

(0.011)

(0.012)

Lev

1.175***

1.316***

(0.030)

(0.031)

Roa

3.229***

3.272***

(0.082)

(0.085)

Size

0.621***

0.828***

(0.005)

(0.005)

Age

0.031**

0.029**

(0.014)

(0.014)

Indratio

−0.139

−0.247***

(0.086)

(0.089)

_cons

−5.492***

−7.584***

(0.123)

(0.126)

N

15647.000

15647.000

r2

0.740

0.810

Industry

Yes

Yes

year

Yes

Yes