The Impact of Government Subsidies on Private R&D Investment in Different Markets

Table 8

Regression analysis results.

R&D	Coef.	Std. err.
Sub	1.116698	0.3045695	0.000
Sub^2	−0.0284379	0.0096647	0.003
Size	0.6542147	0.0394157	0.000
Ratio	−0.0079545	0.001997	0.000
Roa	0.0066098	0.0016801	0.000
Age	−0.0184702	0.0064207	0.004
Own	−0.3278941	0.0806138	0.000
Cons	−6.454882	2.643822	0.015
Number of obs	909	F (7, 901)	116.16
Prob > F	0.0000	R^2	0.4744
Root MSE	1.029	Adj-R^2	0.4703