Table 9 Siphoning effect.

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

 

SAC-W1

SAC-W2

 

(1)

(2)

Direct effects

0.0528***

0.0757***

Indirect effects

−0.0213***

−0.0290***

Total effect

0.0314***

0.0467***

Control variable

Yes

Yes

Year fixed effect

Yes

Yes

Individual fixed effect

Yes

Yes

Spa-rho

−0.5957***

−0.6292

Sigma2

0.0140

0.0194

Observations

4828

4828

R-squared

0.5251

0.5668

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