VARIABLES

(1)

国有企业

(2)

集体企业

(3)

私营企业

(4)

外资企业

ofdi

1.485^***

1.910^***

1.049^***

1.080^***

(0.099)

(0.334)

(0.091)

(0.317)

wage

0.369^***

0.128^***

0.078^***

0.346^***

(0.006)

(0.008)

(0.002)

(0.015)

age

0.308^***

0.103^***

0.138^***

0.421^***

(0.003)

(0.004)

(0.001)

(0.014)

capital

−0.037^***

−0.061^***

−0.059^***

0.043^***

(0.002)

(0.003)

(0.001)

(0.007)

sales

−0.061^***

−0.040^***

−0.014^***

−0.091^***

(0.002)

(0.004)

(0.001)

(0.009)

profit

−0.069^***

−0.101^***

−0.057^***

−0.012

(0.002)

(0.003)

(0.001)

(0.008)

east

0.031^***

0.014

0.025^***

−0.181^***

(0.007)

(0.011)

(0.003)

(0.039)

middle

0.152^***

0.258^***

0.189^***

0.047

(0.008)

(0.012)

(0.003)

(0.052)

Constant

1.852^***

2.603^***

2.264^***

2.101^***

(0.020)

(0.032)

(0.008)

(0.075)

Observations

198,445

79,577

960,878

17,779

R-squared

0.134

0.084

0.059

0.124

F

2148

526.7

4105

189.2