Table 6 Alternative measure of AI technology application of firms.
| Â | (1) | (2) | (3) | (4) |
|---|---|---|---|---|
AI_D | −0.165*** | −0.166*** | −0.031 | −0.034 |
| Â | [0.000] | [0.000] | [0.217] | [0.210] |
AI_D × HHI |  | −1.128* |  | −0.775 |
| Â | Â | [0.092] | Â | [0.197] |
AI_D × SOE |  |  | −0.756*** | −0.743*** |
| Â | Â | Â | [0.000] | [0.000] |
HHI | −0.123 | 0.051 | −0.036 | 0.082 |
| Â | [0.443] | [0.802] | [0.816] | [0.676] |
SOE | 0.012 | 0.015 | 0.170 | 0.169* |
| Â | [0.844] | [0.809] | [0.103] | [0.099] |
Intercept | −13.980*** | −14.090*** | −13.871*** | −13.948*** |
| Â | [0.001] | [0.001] | [0.001] | [0.001] |
Control variables | Control | Control | Control | Control |
Industry | Control | Control | Control | Control |
Year | Control | Control | Control | Control |
R2 | 0.1249 | 0.1250 | 0.1267 | 0.1268 |
F | 319.981 | 461.353 | 234.155 | 190.294 |
N | 14,267 | 14,267 | 14,267 | 14,267 |
