Table 9 Organizational Resilience Transmission Path.

From: Climate shocks and innovation persistence: evidence from extreme precipitation

Variable

(1)

(2)

(3)

OR

IIP

OIP

Precipitation

−0.2758*** (−2.97)

−0.1476** (−2.56)

−0.1758** (−2.16)

OR

 

0.0638*** (2.82)

0.0598*** (2.65)

Controls

Yes

Yes

Yes

N

19165

19165

19165

YEAR

Yes

Yes

Yes

FIRM

Yes

Yes

Yes

Adj_R2

0.652

0.420

0.422

  1. t-values in parentheses; *p < 0.10, **p < 0.05, ***p < 0.01.