Table 5 Industrial restructuring mediation test.
(1) | (2) | (3) | |
|---|---|---|---|
recc | indusup | recc | |
did | 0.016*** | 0.012 | 0.016*** |
(0.004) | (0.031) | (0.004) | |
dusup | 0.021* | ||
(0.011) | |||
Control variables | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes |
Id FE | Yes | Yes | Yes |
_cons | 0.387*** | 2.972*** | 0.326*** |
(0.102) | (0.714) | (0.090) | |
N | 1989 | 1989 | 1989 |
R2 | 0.149 | 0.605 | 0.162 |