Table 6 The results of mechanism analysis.

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

 

(1)

(2)

(3)

(4)

(5)

(6)

\(\overline{{Zombie}}\)

0.0285**

0.0303**

−0.4126***

-0.4102***

0.0578*

0.0629*

 

(0.0135)

(0.0138)

(0.0707)

(0.0729)

(0.0346)

(0.0341)

CV

YES

YES

YES

YES

YES

YES

N

3315

3107

3302

3094

3315

3107

R2

0.245

0.256

0.789

0.787

0.217

0.247

Year 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. Control variables (CV) include the level of economic development and foreign investment.
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