Does High-Speed Rail Promote Enterprises Productivity? Evidence from China
Table 14
Regression analysis of market access and resource mismatch.
All cities
Core cities
Peripheral cities
All cities
Core cities
Peripheral cities
ln_persale7525
ln_persale9010
L1_ln_ACCbeta
-0.1420
-0.1183
-0.1072
-0.2890
-0.4676
-0.2220
(0.0014)
(0.0037)
(0.0017)
(0.0025)
(0.0072)
(0.0028)
Enterprises control
Y
Y
Y
Y
Y
Y
Cities control
Y
Y
Y
Y
Y
Y
Other traffic control
Y
Y
Y
Y
Y
Y
City fixed
Y
Y
Y
Y
Y
Y
Time fixed
Y
Y
Y
Y
Y
Y
Enterprise fixed
Y
Y
Y
Y
Y
Y
N
2885284
966411
1918873
2885284
966411
1918873
adj. R2
0.766
0.813
0.757
0.775
0.796
0.773
Note: ,, and represent 10%, 5%, and 1% levels of statistical significance, respectively. Standard errors are reported in parentheses. Due to space limitation, constant term coefficient and standard error are not reported.