Table 5 One to one nearest neighbor matching.
(1) | (2) | (3) | (4) | (5) | |
|---|---|---|---|---|---|
AI | −0.124** | −0.122** | 0.001 | −0.003 | |
[0.032] | [0.039] | [0.985] | [0.942] | ||
AI × HHI | −1.498*** | −1.042*** | |||
[0.005] | [0.008] | ||||
AI × SOE | −0.637*** | −0.609*** | |||
[0.001] | [0.001] | ||||
HHI | −0.044 | 0.070 | 0.159 | 0.164 | 0.222 |
[0.934] | [0.899] | [0.723] | [0.762] | [0.631] | |
SOE | 0.066 | 0.057 | 0.072 | 0.204 | 0.208 |
[0.573] | [0.622] | [0.517] | [0.273] | [0.254] | |
Intercept | −17.349*** | −17.787*** | −18.040*** | −17.753*** | −17.931*** |
[0.001] | [0.000] | [0.000] | [0.000] | [0.000] | |
Control variables | Control | Control | Control | Control | Control |
Industry | Control | Control | Control | Control | Control |
Year | Control | Control | Control | Control | Control |
R2 | 0.1491 | 0.1497 | 0.1504 | 0.1532 | 0.1535 |
F | 15.322 | 48.342 | 18.336 | 14.689 | 16.453 |
N | 6404 | 6404 | 6404 | 6404 | 6404 |
