变量

(1)

(2)

(3)

(4)

(5)

(6)

PEC

Grenov1

PEC

Grenov2

PEC

Grenov3

CEPI

0.094**

(2.186)

0.094**

(2.186)

0.094**

(2.186)

PEC

0.082**

(2.287)

0.069**

(0.653)

0.076***

(1.936)

Constant

5.382***

(3.856)

3.527***

(4.037)

6.195***

(3.856)

7.838***

(4.132)

5.491***

(3.621)

6.042***

(4.386)

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

0.482

0.539

0.567

0.485

0.691

0.563