(1)

(2)

RD

RD

Com

0.9710***

1.086***

(20.60)

(20.05)

Size

−0.00240***

(−10.48)

Fix

0.00926***

(7.88)

Grow

−0.00110***

(−7.02)

Turnover

0.0161***

(34.55)

RDP

0.0380***

(20.83)

Top1

0.00489***

(3.23)

Pattern

0.000456

(0.79)

_Cons

−1.018***

(−19.85)

Year

Yes

Yes

Individual

Yes

Yes

N

13081

13081

F

141.08

239.57

Within-R2

0.0755

0.2310