(1) | (2) | (3) | (4) | (5) | (6) | (7) | |
VARIABLES | Y | Y | Y | Y | Y | Y | Y |
Did | 0.014*** | 0.013*** | 0.013*** | 0.013*** | 0.013*** | 0.013*** | 0.013*** |
| (0.001) | (0.001) | (0.001) | (0.001) | (0.001) | (0.001) | (0.001) |
Lnsize |
| -0.008*** | -0.007*** | -0.008*** | -0.007*** | -0.007*** | -0.007*** |
|
| (0.000) | (0.000) | (0.000) | (0.000) | (0.000) | (0.000) |
Lev |
|
| -0.017*** | -0.017*** | -0.018*** | -0.009*** | -0.009*** |
|
|
| (0.002) | (0.002) | (0.002) | (0.002) | (0.002) |
Growth |
|
|
| 0.003*** | 0.002*** | 0.001* | 0.001* |
|
|
|
| (0.000) | (0.000) | (0.000) | (0.000) |
Tat |
|
|
|
| 0.010*** | 0.009*** | 0.009*** |
|
|
|
|
| (0.001) | (0.001) | (0.001) |
Roa |
|
|
|
|
| 0.068*** | 0.068*** |
|
|
|
|
|
| (0.004) | (0.004) |
Top10 |
|
|
|
|
|
| -0.002 |
|
|
|
|
|
|
| (0.002) |
Constant | 0.605*** | 0.787*** | 0.770*** | 0.779*** | 0.751*** | 0.761*** | 0.761*** |
| (0.001) | (0.008) | (0.008) | (0.008) | (0.008) | (0.008) | (0.008) |
Observations | 14,196 | 14,196 | 14,196 | 14,196 | 14,196 | 14,196 | 14,196 |
R-squared | 0.874 | 0.879 | 0.880 | 0.881 | 0.883 | 0.885 | 0.885 |
Number of id | 1,014 | 1,014 | 1,014 | 1,014 | 1,014 | 1,014 | 1,014 |
yearfix | YES | YES | YES | YES | YES | YES | YES |
idfix | YES | YES | YES | YES | YES | YES | YES |