Table 4 Robustness test.
From: Crisis shocks, executive confidence and strategic change: a study based on US Entity List sanctions
Variable | (1) | (2) | (3) |
|---|---|---|---|
Change | Change | Change | |
CrisisN | 0.086* | ||
(0.051) | |||
CrisisN2 | –0.494** | ||
(0.214) | |||
Crisis | 0.104* | 0.155* | |
(0.058) | (0.089) | ||
Crisis2 | –0.093 | –0.324** | |
(0.060) | (0.127) | ||
ConfidenceS×Crisis | –0.212* | ||
(0.117) | |||
ConfidenceS×Crisis2 | 0.159** | ||
(0.074) | |||
ConfidenceS | 0.040 | ||
(0.028) | |||
ConfidenceW×Crisis | –0.122 | ||
(0.321) | |||
ConfidenceW×Crisis2 | 0.683* | ||
(0.384) | |||
ConfidenceW | –0.007 | ||
(0.090) | |||
Controls | Yes | Yes | Yes |
Constant | 0.897 | 0.130 | 0.128 |
(1.475) | (1.238) | (1.209) | |
Observations | 551 | 587 | 605 |
R-squared | 0.078 | 0.062 | 0.075 |
Ind fix | Yes | Yes | Yes |
Year fix | Yes | Yes | Yes |
ID fix | Yes | Yes | Yes |
