Table 7 The PSM test.

From: Mixed ownership reform and digitalisation

VARIABLES

(1)

(2)

(3)

Digital_Neighbor

Digital_Radius

Digital_Kernel

NonSOEs_Dummy

0.007**

0.011***

0.011***

(2.47)

(3.84)

(3.86)

Constant

1.236**

0.705*

0.701*

(2.19)

(1.80)

(1.80)

Observations

3365

10,063

10,159

R-squared

0.380

0.361

0.362

Controls

YES

YES

YES

IND FE

YES

YES

YES

Year FE

YES

YES

YES

  1. Note: The adjusted for clustering robust standard errors are in parentheses. Standard errors are clustered at the firm level, and significance levels are denoted as ***p < 0.01, **p < 0.05, *p < 0.1.
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