Table 7 The Moderating Role of Geographical Dispersion.
From: Climate shocks and innovation persistence: evidence from extreme precipitation
Variable | (1) | (2) | (3) | (4) |
|---|---|---|---|---|
IIP | OIP | IIP | OIP | |
Precipitation | −0.0845*** (−2.71) | −0.0936*** (−2.92) | −0.0874*** (−2.80) | −0.0983*** (−3.07) |
Precipitation × GD | 0.0613** (2.36) | 0.0816*** (3.15) | ||
Precipitation × SOE | 0.0724*** (2.82) | 0.0812*** (3.06) | ||
Controls | Yes | Yes | Yes | Yes |
N | 19165 | 19165 | 19165 | 19165 |
YEAR | Yes | Yes | Yes | Yes |
FIRM | Yes | Yes | Yes | Yes |
Adj_R2 | 0.422 | 0.423 | 0.426 | 0.428 |
