Table 4 Regression results of the impact of factor flows on changes in the position of different industrial value chains in RBCs during the maturity period.
L.NVC_RB | L.NVC_NRB | |||||
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | |
CEN_TI | −0.254** | −0.162** | ||||
(−2.09) | (−2.31) | |||||
CEN_CP | 0.124 | −0.508** | ||||
(0.31) | (−2.20) | |||||
CEN_SL | −0.049 | 0.197** | ||||
(−0.35) | (2.48) | |||||
lnPOP | 0.003 | 0.002 | 0.003 | −0.011** | −0.010** | −0.013*** |
(0.36) | (0.28) | (0.36) | (−2.24) | (−2.21) | (−2.78) | |
lnED | 0.070*** | 0.068*** | 0.070*** | 0.026*** | 0.030*** | 0.0240*** |
(6.31) | (5.85) | (6.16) | (4.09) | (4.44) | (3.68) | |
lnTI | −0.017* | −0.026** | −0.025*** | 0.018*** | 0.018*** | 0.012*** |
(−1.94) | (−3.01) | (−3.09) | (3.65) | (3.56) | (2.61) | |
_cons | −0.192 | −0.129 | −0.15 | 0.242*** | 0.228*** | 0.313*** |
(−1.64) | (−1.06) | (−1.26) | (3.59) | (3.28) | (4.63) | |
N | 186 | 186 | 186 | 186 | 186 | 186 |
Region-fixed effect | Yes | Yes | Yes | Yes | Yes | Yes |
Time-fixed effect | Yes | Yes | Yes | Yes | Yes | Yes |
R-squared | 0.237 | 0.218 | 0.218 | 0.350 | 0.348 | 0.353 |