Table 7 Robustness test.
Variables | (1) | (2) | (3) | |||
|---|---|---|---|---|---|---|
ATFP | NCS | ATFP | NCS | ATFP | NCS | |
did | 0.414*** (5.344) | 2.202*** (8.745) | −0.069 (−0.455) | 0.857 (1.968) | 0.391*** (3.982) | 0.416** (2.533) |
TW*did | 2.835*** (6.907) | −1.122 (−0.848) | −0.139 (−0.252) | −1.257 (−0.405) | 0.880*** (4.205) | −1.544*** (−4.423) |
Control variables | Control | Control | Control | Control | Control | Control |
Constant | −4.947*** (−4.722) | 46.044*** (5.387) | 1.789* (1.954) | 66.163*** (4.648) | −2.415*** (−5.268) | 10.538*** (6.190) |
W*dep.var. | −0.999*** (−2.740) | 0.164 (0.637) | 0.369*** (3.561) | 0.192 (0.655) | −0.410*** (−3.041) | 0.984*** (384.529) |
N | 690 | 690 | 180 | 180 | 690 | 690 |
R-squared | 0.594 | 0.434 | 0.409 | 0.461 | 0.587 | 0.876 |
Province FE | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes |