变量

Life1

Life2

Life3

REM

REM

REM

Pay

−0.088^***

−0.139^***

−0.103^*

(0.006)

(0.005)

(0.003)

ROA

−0.436^***

−0.294^***

−0.115^***

(0.045)

(0.030)

(0.019)

Size

0.020^***

0.003

−0.001

(0.004)

(0.003)

(0.002)

State

0.021^*

0.038^***

0.039^***

(0.010)

(0.007)

(0.004)

_cons

0.065

0.456^***

0.330^***

(0.096)

(0.067)

(0.043)

N

3367

4669

7238