Table 7 Further analysis.
Different geographic locations | Old industrial base | Resource-based | Level of competition within jurisdiction | Fiscal incentives | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
West | Centre | East | Yes | No | Yes | No | Low | High | ||
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | |
GFSP | 0.013 (0.011) | 0.006 (0.007) | 0.021*** (0.008) | 0.026*** (0.006) | 0.000 (0.009) | 0.024*** (0.007) | 0.001 (0.009) | 0.013 (0.009) | 0.017** (0.008) | −0.004* (0.002) |
GFSP*low_fin | 0.014* (0.008) | |||||||||
GFSP*high_fin | 0.030*** (0.007) | |||||||||
Control variables | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Year fixed effect | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
City fixed effect | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Observations | 976 | 1728 | 1792 | 3008 | 1488 | 2688 | 1808 | 3088 | 1408 | 4496 |
R-squared | 0.973 | 0.969 | 0.972 | 0.970 | 0.967 | 0.965 | 0.975 | 0.973 | 0.960 | 0.969 |
