Table 5 Threshold effect regression results.
Variable | Assembly rate | Policy effectiveness | ||
---|---|---|---|---|
Single threshold | Double threshold | Single threshold | Double threshold | |
(1) | (2) | (3) | (4) | |
Zpl_1 | 1.086606*** (0.0000) | 0.6593695*** (0.000) | ||
Zpl_2 | 0.5105129*** (0.0000) | 1.094661*** (0.000) | ||
Zpl_3 | 0.4848524*** (0.000) | |||
Zcxl_1 | 0.2143367*** (0.0000) | 0.2667179*** (0.000) | ||
Zcxl_2 | 0.0760323*** (0.0000) | 0.2042897*** (0.0000) | ||
Zcxl_3 | 0.0848474*** (0.000) | |||
Pgdp | 0.1758715** (0.024) | 0.0347446 (0.622) | 0.1312018* (0.089) | 0.1628503** (0.021) |
Cyjg | −0.2397727 (0.528) | −0.1936338 (0.557) | −0.1696507 (0.659) | −0.3757511 (0.286) |
Nyjg | 2.501793*** (0.001) | 1.981342*** (0.004) | 1.684509** (0.026) | 1.174122* (0.089) |
Nyqd | −0.1931844*** (0.004) | −0.1786059*** (0.002) | −0.1623135** (0.014) | −0.1384652** (0.021) |
Tech | −0.0191053 (0.359) | −0.0054001 (0.766) | 0.0000389 (0.998) | 0.0041998 (0.8082) |