Table 3 Benchmark regression results.
From: Does China’s innovation-driven policy affect enterprises’ import performance of intermediate goods?
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
Variable | Import quantity of intermediate goods | Import quantity of intermediate goods | Import variety of intermediate goods | Import variety of intermediate goods | Import quality of intermediate goods | Import quality of intermediate goods |
\({T}_{{it}}\) | 0.3500*** (0.0094) | 0.4210*** (0.0153) | 0.0230*** (0.0033) | 0.0217*** (0.0054) | 0.1730*** (0.0207) | 0.2850*** (0.0327) |
Size | 0.2112*** (0.0441) | 0.0110*** (0.0042) | 0.5322*** (0.1110) | |||
Age | 0.0410 (0.0265) | −0.0031 (0.0052) | 0.0352 (0.0652) | |||
Capital | 0.0228 (0.0253) | −0.0045** (0.0021) | 0.0436 (0.0638) | |||
Level | −0.3520*** (0.1241) | −0.0108 (0.0107) | −0.407*** (0.1580) | |||
Ownership | −0.3970*** (0.0650) | 0.0541** (0.0141) | −0.8000*** (0.1607) | |||
Export | 0.3630*** (0.0160) | 0.0379*** (0.0052) | 0.4550*** (0.0387) | |||
TFP | 0.0380*** (0.0054) | 0.0224*** (0.0024) | 0.1950*** (0.0150) | |||
HHI | 0.0110 (0.6541) | 0.0063 (0.8112) | 0.0243 (0.8463) | |||
_cons | 1.7500*** (0.0122) | −1.0104*** (0.2904) | 5.5340*** (0.0043) | 5.4930*** (0.0291) | 10.2700*** (0.0223) | 5.2170*** (0.9400) |
Firm fixed effect | Yes | Yes | Yes | Yes | Yes | Yes |
Year fixed effect | Yes | Yes | Yes | Yes | Yes | Yes |
N | 122161 | 70462 | 115156 | 58040 | 121469 | 70029 |
R2 | 0.0290 | 0.1460 | 0.0010 | 0.0110 | 0.0110 | 0.1370 |
