Table 2 Benchmark regression result.
delt_quality | delt_quality | delt_quality | |
|---|---|---|---|
(1) | (2) | (3) | |
\(Treat \times Post\) | 0.6915*** | 0.0274 | 0.9407*** |
(3.40) | (0.13) | (4.39) | |
SPS | 0.0830*** | −0.2143*** | |
(3.65) | (−8.97) | ||
open | 0.2415*** | 0.3217*** | |
(3.40) | (4.27) | ||
pgdp | 0.6675*** | 0.8031*** | |
(27.49) | (31.02) | ||
exchange | −0.0006*** | −0.0010*** | |
(−5.83) | (−8.82) | ||
endowment_diff | 0.0669*** | 0.0644*** | |
(24.91) | (21.44) | ||
cons | 2.1361*** | 0.1643 | 1.0800*** |
(93.12) | (0.65) | (4.04) | |
Firm—Year Fixed Effect | NO | NO | YES |
Product—Year Fixed Effect | NO | NO | YES |
Country—Year Fixed Effect | NO | NO | YES |
R2 | 0.0001 | 0.0134 | 0.0180 |
N | 133785 | 133785 | 133785 |