Table 9 Threshold regression results.
Variables | CGPRCR | ||
---|---|---|---|
(12) | (13) | (14) | |
GF (\(\:GF\le\:0.4505\)) | 0.323*** | ||
(4.82) | |||
GF (\(\:GF>0.4505\)) | 0.197*** | ||
(3.70) | |||
GF (\(\:INNO\le\:7.9649\)) | − 0.021 | ||
(− 0.43) | |||
GF (\(\:INNO>7.9649\)) | 0.118** | ||
(2.50) | |||
GF (\(\:NEID\le\:1.0652\)) | − 0.027 | ||
(− 0.52) | |||
GF (\(\:NEID>1.0652\)) | 0.147*** | ||
(3.02) | |||
INFOR | − 0.068** | − 0.098*** | − 0.052* |
(− 2.54) | (− 3.82) | (− 1.97) | |
GOV | 0.007** | 0.009*** | 0.011*** |
(2.08) | (3.08) | (3.75) | |
INPUT | − 8.444*** | − 8.243*** | − 7.690*** |
(− 4.94) | (− 4.99) | (− 4.57) | |
MAR | 0.064*** | 0.078*** | 0.039** |
(3.72) | (4.71) | (2.22) | |
CITY | 0.629*** | 0.738*** | 0.696*** |
(2.73) | (3.32) | (3.10) | |
Cons | − 0.006 | 0.059 | 0.101 |
(− 0.03) | (0.34) | (0.57) | |
Individual fixed | Yes | Yes | Yes |
Time fixed | Yes | Yes | Yes |
R2 | 0.531 | 0.562 | 0.552 |
N | 300 | 300 | 300 |