Table 5 Results of the counterfactual test.

From: The blocking and transmission effects of lower level system in patent transaction - evidence from Chinese colleges and universities

 

(5)

(6)

(7)

(8)

Variable

Y

Y

Y

Y

Post

5.148***

4.024***

8.827***

7.468***

 

(5.61)

(4.47)

(8.73)

(7.34)

Treat

4.278***

1.289

3.849***

3.494**

 

(4.46)

(1.34)

(2.63)

(2.39)

DID

0.718

1.103

−0.100

−1.022

 

(0.47)

(0.73)

(0.10)

(−0.61)

Control variable

No

Yes

No

Yes

Observations

5,902

5,902

8,259

8,259

R-squared

0.014

0.067

0.018

0.048

F

27.71

47.14

49.04

46.01

  1. ***, and ** are significant at the levels of 1%, and 5% respectively.