Table 3 Replacement of independent variable.

From: How do zombie firms affect labor mobility: city-level empirical evidence from China

 

(1)

(2)

(3)

(4)

(3)

(4)

 

\(\Delta {labor}\)

\(\Delta {labor}\)

\(\Delta {labor}\)

\(\Delta {labor}\)

\(\Delta {labor}\)1

\(\Delta {labor}\)1

\(\overline{{Zombie}1}\)

−0.0689*

−0.0655*

    
 

(0.0351)

(0.0364)

    

\(\overline{{Zombie}2}\)

  

−0.0462*

−0.0496**

  
   

(0.0235)

(0.0247)

  

\(\overline{{Zombie}}\)

    

−0.0656***

−0.0479***

     

(0.0198)

(0.0166)

ind

 

−0.0610**

 

−0.0642**

 

−0.0475***

  

(0.0280)

 

(0.0281)

 

(0.0175)

lnfdi

 

0.0034***

 

0.0035***

 

0.0016***

  

(0.0010)

 

(0.0010)

 

(0.0005)

female

 

0.4014*

 

0.4255**

 

0.3979***

  

(0.2113)

 

(0.2096)

 

(0.1400)

ethnic

 

−0.1314

 

−0.1218

 

−0.1838**

  

(0.1871)

 

(0.1878)

 

(0.0717)

young

 

−0.0900

 

−0.0775

 

−0.0337

  

(0.1227)

 

(0.1220)

 

(0.0578)

unmar

 

0.0888

 

0.0758

 

0.1040

  

(0.1612)

 

(0.1598)

 

(0.0867)

_cons

0.0216***

−0.1777*

0.0211***

−0.1880*

0.0167***

−0.1857**

 

(0.0053)

(0.0990)

(0.0052)

(0.0983)

(0.0047)

(0.0766)

N

726

726

726

726

726

726

R2

0.124

0.157

0.124

0.158

0.094

0.158

Period FE

YES

YES

YES

YES

YES

YES

City FE

YES

YES

YES

YES

YES

YES

  1. Values in brackets are standard error, ***p < 0.01, **p < 0.05, *p < 0.1.