变量

(1)

(2)

(3)

(4)

(5)

ECon_T

0.008***

(3.9)

0.005

(1.35)

ECon_S

0.003*

(1.68)

0.008***

(2.63)

MInv_L

0.002**

(2.32)

0.008***

(4.51)

MInv_C

0.029***

(6.72)

0.048***

(4.83)

Wage

0.018*

(1.87)

0.006

(1.02)

ECon_T × Wage

0.001

(0.90)

ECon_S × Wage

−0.001**

(−2.05)

MInv_L × Wage

−0.001***

(−3.09)

MInv_C × Wage

−0.001

(−0.70)

Age

−0.001

(−0.01)

0.004

(0.67)

−0.006

(−0.98)

0.004

(0.68)

−0.003

(−0.61)

Size

−0.148***

(−4.93)

−0.090***

(−2.87)

−0.078**

(−2.54)

−0.890***

(−2.79)

−0.109***

(−3.57)

Constant

5.254

(7.94)***

3.318***

(4.49)

3.228***

(4.66)

2.948***

(3.80)

3.636***

(5.28)

Adjusted R2

0.012

0.030

0.052

0.031

0.076

F-Value

12.21

15.33

26.40

9.38

22.72

N

1848

1848

1848

1848

1848