Dependent variable: χ it | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
---|---|---|---|---|---|---|---|---|
c i × T t | −3.959*** | −2.142*** | −2.506*** | −0.377 | −3.372 *** | −3.622*** | −2.229*** | −0.951 |
(−8.09) | (−3.33) | (−2.94) | (−0.37) | (−6.77) | (−7.12) | (−3.31) | (−1.36) | |
c i × Justice Court t | 0.245*** | |||||||
(−3.89) | ||||||||
c i × Legal structure and Property rights t | 0.287*** | |||||||
(−3.99) | ||||||||
c i × Trade compliance costs t | −0.203* | |||||||
(−1.90) | ||||||||
c i × Tariff t | 0.574*** | |||||||
(−3.87) | ||||||||
c i × Control index t | 0.211*** | |||||||
(−4.1) | ||||||||
c i × Non-tariff barrier t | 0.114** | |||||||
(−2.08) | ||||||||
c i × Total degree of freedom index t | 0.584*** | |||||||
(−3.45) | ||||||||
c i × ln(capital GDP) t | 0.346*** | |||||||
(−5.57) | ||||||||
Industrial fixed effect | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Time-fixed effect | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
R 2 | 0.6715 | 0.6727 | 0.6535 | 0.6713 | 0.6741 | 0.6547 | 0.6667 | 0.6935 |
Observation | 238 | 238 | 238 | 238 | 238 | 238 | 238 | 238 |