Table 4 Instrumental variable method.

From: How does digital economy affect the industry chain resilience in China?

Objectives

(1)

(2)

DT

0.088***

 
 

(0.029)

 

DT_LV

 

0.366***

  

(0.015)

Control variable

Yes

Yes

Enterprise fixed effects

Yes

Yes

Provincial fixed effects

Yes

Yes

Year fixed effects

Yes

Yes

N

25,719

R2

0.0337

Kleibergen–Paap rk LM

564.903

Cragg–Donald Wald F

578.066

[16.38]

  1. Clustered standard error is shown in parentheses; *** represents significance at the 1% level.
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