Research Article
[Retracted] The Impact of Innovative Industrial Cluster Policy on Regional Innovation: Evidence from a Quasi-Natural Experiment in China
Table 3
The result of PSM matching.
| Variables | Unmatched/matched | Mean | Bias (%) | Reduct |bias| (%) | t-test | Treated group | Control group | t-statistics | |
| Eco | U | 1.7153 | 1.2088 | 83.5 | 96.8 | 18.67 | 0.000 | M | 1.7138 | 1.6978 | 2.6 | 0.51 | 0.713 |
| Open | U | 0.0260 | 0.0153 | 57.0 | 92.9 | 13.72 | 0.000 | M | 0.0259 | 0.0252 | 4.0 | 0.67 | 0.504 |
| Fin | U | 2.6048 | 2.1634 | 37.3 | 94.2 | 8.82 | 0.000 | M | 2.6033 | 2.5776 | 2.2 | 0.39 | 0.695 |
| Pop | U | 6.2109 | 5.7786 | 63.3 | 95.7 | 14.29 | 0.000 | M | 6.2099 | 6.2285 | −2.7 | −0.52 | 0.604 |
| Hum | U | 5.3232 | 4.3080 | 103.1 | 99.9 | 23.00 | 0.000 | M | 5.3206 | 5.3197 | 0.1 | 0.02 | 0.985 |
| Int | U | 0.2736 | 0.3893 | −12.5 | 32.5 | −2.54 | 0.011 | M | 0.2740 | 0.1958 | 8.5 | 2.62 | 0.009 |
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