VARIABLES

TFP

Ln_Numberemplo

TFP

Time

−0.105

0.0718

−0.117

(0.0966)

(0.0528)

(0.0968)

Regdprate

−0.0103

−0.00904

−0.00881

(0.0159)

(0.00869)

(0.0159)

Investeff

−0.115

−0.506

−0.0292

(0.728)

(0．398)

(0.729)

Rdinvest

0.000174

0.00358^***

−0.000429

(0.00112)

(0.000614)

(0.00120)

DID

0.104^**

−0.0565^*

0.114^*

Ln_Numberemplo

(0.0610)

(0.0333)

(0.0612)

0.169

(0.121)

Constant

1.408^***

4.183^***

0.702

(0.238)

(0.130)

(0.559)

R²

0.021

0.539

0.029

Year

Yes

Yes

Yes

Individual

Yes

Yes

Yes