解释变量

被解释变量return

中资

合资

sent

−0.0044***

−0.0014***

(−9.90)

(−4.37)

shrindex

0.5579*

−0.3852

(2.18)

(−1.41)

size

−0.0178***

−0.0074**

(−5.79)

(−2.14)

familysize

−0.0276*

−0.0078

(−1.73)

(−0.53)

std

−0.0113**

−0.0501***

(−2.54)

(−4.49)

fee

−0.0001*

0.0114

(−0.54)

(−0.0115)

age

0.0618***

−0.0089

(3.72)

(−0.50)

Constant

−0.1375

0.1496

(−1.11)

(0.99)

固定效应

YES

YES

Observations

601

1,195

R-squared

0.1204

0.1382