Table 6 Heterogeneity analysis (PPML model).

From: Tourism in pandemic: the role of digital travel vouchers in China

Tour_Arrival

(1)

(2)

(3)

C_lnVALUE

0.002 (0.006)

−0.009 (0.006)

0.008 (0.005)

Reputation

0.044 (0.063)

  

C_lnVALUE×Reputation

0.019* (0.011)

  

C_Digital_Breadth

 

0.007*** (0.002)

 

C_lnVALUE×C_Digital_Breadth

 

0.001*** (0.000)

 

C_Digital_Depth

  

0.001 (0.001)

C_lnVALUE×C_Digital_Depth

  

0.001*** (0.000)

Constant

−7.504*** (0.329)

−7.267*** (0.263)

−7.612*** (0.299)

Control variables

YES

YES

YES

Monthly Fixed Effects

YES

YES

YES

Provincial Fixed Effects

YES

YES

YES

N

4896

4784

4784

Pseudo R2

0.187

0.184

0.182

  1. *** and * indicate the 1 and 10% levels of significance, respectively. The robust standard errors are reported in parentheses. Variables are centralized (demeaned) and thus denoted with extra C_.