Table 5 PSM-DID regression.

From: How does digital transformation relieve the employment pressure in China? Empirical evidence from the national smart city pilot policy

 

ln(city_labor)

ln(labor)

 

(1)

(2)

(3)

(4)

SCP × Post

0.1156*** (0.0106)

0.0402*** (0.0080)

0.1784*** (0.0182)

0.1506*** (0.0176)

Constant

3.3949*** (0.0031)

−7.2569*** (0.4958)

7.5029*** (0.0092)

7.3997*** (0.0105)

Control variable

 

Yes

 

Yes

Year fixed effect

Yes

Yes

Yes

Yes

Individual fixed effect

Yes

Yes

Yes

Yes

Observations

4804

4804

28284

28284

R-squared

0.9577

0.9843

0.8035

0.8162

  1. *** denotes p <  0.01, and robust standard error is shown in brackets.
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