Table 2 Estimation results of the initial opening of HSR service’s impacts on different sectors based on staggered DID model.
ln(CCOE) | ln(Man) | |
|---|---|---|
(1) | (2) | |
Treat | − 0.630 | − 0.149 |
95% CI | [− 1.111 to − 0.149] | [− 0.369 to 0.071] |
p-value | 0.010 | 0.185 |
Control variables | No | No |
City-fixed effect | Yes | Yes |
Time-fixed effect | Yes | Yes |
Obs | 240 | 240 |