Table 8 Probit model estimation results before and after matching.
From: Chinese FDI, political events in recipient countries, and the innovation of African firms
Variable | Inno_sum | Inno_sum |
|---|---|---|
Model (15) | Models (16) | |
Share | −0.000* (−1.76) | 0.001 (0.60) |
Own | −0.001*** (−3.06) | −0.001 (−0.62) |
Age | −0.001*** (−4.11) | 0.002 (0.79) |
Work | 0.002*** (3.07) | 0.006 (2.90) |
Out | 0.001** (2.00) | 0.001 (2.17) |
Fin_c | 0.018 (1.43) | 0.033 (1.98) |
Fin_e | 0.064*** (4.97) | 0.058 (0.90) |
Scale | −0.000 (-0.81) | 0.000 (0.49) |
Hum | 0.000 (1.64) | −0.000 (−0.14) |
Train | 0.200*** (5.86) | 0.122 (2.85) |
Cons | 0.201*** (5.86) | 0.233*** (12.24) |
Industry effect | Yes | Yes |
Country effect | Yes | Yes |
sample size | 3471 | 376 |
Pseudo\({R}^{2}\) | 0.078 | 0.063 |
