Tfp | Tfp t + 1 | Tfp t + 2 | Tfp t + 3 | Tfp t + 4 | |
---|---|---|---|---|---|
VCInv | −0.017*** | −0.024*** | −0.035*** | −0.050*** | − 0.056* |
(0.006) | (0.007) | (0.009) | (0.013) | (0.032) | |
IntraInv | 0.111** | 0.085* | 0.146** | 0.143 | 0.449** |
(0.045) | (0.051) | (0.067) | (0.089) | (0.188) | |
IntraRep_c | 0.024 | 0.312* | 0.588** | 0.635* | 0.650 |
(0.125) | (0.178) | (0.289) | (0.342) | (0.469) | |
ExtraInv | −0.049*** | −0.052*** | −0.081*** | −0.098*** | −0.196*** |
(0.013) | (0.015) | (0.019) | (0.025) | (0.060) | |
ExtraRep_c | −0.030** | −0.125*** | − 0.431** | −0.545** | 1.487** |
(0.014) | (0.042) | (0.185) | (0.260) | (0.724) |