变量

(1)

(2)

(3)

(4)

(5)

(6)

GER

Grenov1

GER

Grenov2

GER

Grenov3

CEPI

0.126**

(2.243)

0.126**

(2.243)

0.126**

(2.243)

GER

0.145**

(2.228)

0.138***

(3.365)

0.119**

(1.937)

Constant

8.674***

(3.508)

5.925***

(6.043)

6.073***

(3.607)

9.241***

(4.336)

10.358***

(3.538)

9.046**

(2.386)

Xit

Yes

Yes

Yes

Yes

Yes

Yes

Company

Yes

Yes

Yes

Yes

Yes

Yes

Year

Yes

Yes

Yes

Yes

Yes

Yes

N

11,534

11,534

11,534

11,534

11,534

11,534

R2

0.593

0.463

0.456

0.585

0.569

0.463