Table 5 Regression results by different types of productivity and factor intensity.
From: Foreign direct investment and the innovation performance of local enterprises
Low-productivity | High-productivity | Labor-intensive | Capital-intensive | |
|---|---|---|---|---|
Variables | (1) | (2) | (3) | (4) |
FI | 0.1197 (0.2409) | 0.8665*** (0.2792) | 0.2362 (0.2214) | 0.7394*** (0.2683) |
Size | 0.3682*** (0.0096) | 0.2630*** (0.0094) | 0.1944*** (0.0083) | 0.3812*** (0.0095) |
Kl | 0.0264*** (0.0075) | −0.0272*** (0.0072) | 0.0166** (0.0069) | −0.0260** (0.0118) |
Wage | −0.0416*** (0.0112) | 0.0018 (0.0102) | −0.0171* (0.0090) | −0.0088 (0.0113) |
Age | 0.0705*** (0.0198) | 0.0132 (0.0217) | 0.0100 (0.0177) | 0.0521** (0.0217) |
Subsidy | −0.1826 (0.1396) | −0.0019 (0.0451) | −0.0162 (0.0439) | −0.0693 (0.0636) |
HHI | −0.2105 (0.1575) | −0.1682 (0.1711) | −0.0894 (0.1399) | −0.1323 (0.1726) |
Firm FEs | Yes | Yes | Yes | Yes |
Year FEs | Yes | Yes | Yes | Yes |
Province FEs | Yes | Yes | Yes | Yes |
Observations | 394,712 | 389,167 | 393,022 | 390,857 |
R-squared | 0.018 | 0.013 | 0.009 | 0.017 |
