Table 13 Robustness test 3: Regression results using Tfp_wt + 1 as the dependent variable
Tfp_w t + 1 | ||||
|---|---|---|---|---|
Model 1 | Model 2 | Model 3 | Model 4 | |
VCRep | −0.363*** | 1.147*** | ||
(0.120) | (0.426) | |||
VCRep × ID | −1.959*** | |||
(0.591) | ||||
ID | −0.330 | |||
(0.976) | ||||
IntraRep | 0.439* | |||
(0.244) | ||||
ExtraRep | −0.612*** | |||
(0.163) | ||||
Controls | Included | Included | Included | Included |
Constant | 86.698*** | 86.141*** | 90.381*** | 85.904*** |
(4.515) | (4.488) | (4.925) | (4.531) | |
N | 1515 | 1515 | 1299 | 1515 |
F | 107.24 | 102.58 | 73.96 | 94.34 |
R 2 | 0.303 | 0.308 | 0.322 | 0.311 |