Does High-Speed Rail Promote Enterprises Productivity? Evidence from China
Table 15
Regression results of different export shares and regionals in peripheral cities.
Non
Low
High
Complete
East
Middle
West
ln_persale
ln_persale
L1_ln_ACCbeta
-0.5808
-0.6252
-0.8430
-0.3642
-0.6231
-1.0471
-0.0116
(0.0167)
(0.0485)
(0.0713)
(0.1380)
(0.0188)
(0.1165)
(0.0318)
Enterprises control
Y
Y
Y
Y
Y
Y
Y
Cities control
Y
Y
Y
Y
Y
Y
Y
Other traffic control
Y
Y
Y
Y
Y
Y
Y
City fixed
Y
Y
Y
Y
Y
Y
Y
Time fixed
Y
Y
Y
Y
Y
Y
Y
Enterprise fixed
Y
Y
Y
Y
Y
Y
Y
N
1447163
220803
161989
88908
1398317
375128
145428
adj. R2
0.233
0.349
0.260
0.238
0.233
0.246
0.312
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.