Table 3 Baseline regression results.

From: Export duration and firm markups: evidence from China

 

(1)

(2)

(3)

(4)

Export_T

0.0056*** (0.0003)

0.0033*** (0.0004)

0.0033*** (0.0012)

0.0036*** (0.0012)

Size

 

0.0031** (0.0012)

 

0.0031** (0.0012)

Kl

 

−0.0014* (0.0007)

 

−0.0013* (0.0007)

Wage

 

0.0214*** (0.0011)

 

0.0217*** (0.0011)

Age

 

−0.0018 (0.0013)

 

−0.0014 (0.0014)

Subsidy

 

0.0079 (0.0137)

 

0.0080 (0.0137)

Firm FEs

Yes

Yes

Yes

Yes

Year FEs

No

No

Yes

Yes

Observations

220,040

220,040

220,040

220,040

R2

0.004

0.007

0.004

0.007

  1. Standard deviation values are those enclosed in parentheses. Significance is indicated by ***, **, and * at 1, 5, and 10%, respectively. The same applies equally to later tables.