Table 4 Baseline regressions.
Variable | (1) | (2) | (3) | (4) |
---|---|---|---|---|
EGTP | EGTP | EGTP | EGTP | |
θ0 | 0.0011*** (0.0004) | 0.0035*** (0.0007) | 0.0012*** (0.0004) | 0.0032*** (0.0006) |
Control | Yes | Yes | Yes | Yes |
Control2 | No | No | Yes | Yes |
Firms/Year FE | Yes | Yes | Yes | Yes |
N | 22,407 | 22,407 | 22,407 | 22,407 |