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Table 4 Basic regression

From: Industrial policy, structural transformation and economic growth: evidence from China

Independent variableDependent variable: Y
(1)(2)(3)(4)
IP0.0563**0.0414*0.0426*0.0370*
(0.0232)(0.0226)(0.0227)(0.0193)
Capital −0.1506***−0.1508***−0.1350***
 (0.0333)(0.0341)(0.0287)
Popu −0.0622*− 0.0622*− 0.0565*
 (0.0360)(0.0361)(0.0336)
Info  −0.0106− 0.0072
  (0.0160)(0.0135)
Trans  8.41850.1167
  (19.3317)(18.1706)
Labor  −0.0046−0.0093**
  (0.0048)(0.0040)
Open   −0.0280
   (0.0449)
Govern   −0.0174***
   (0.0041)
Constant0.6595***1.5928***1.6366***1.8242***
(0.0340)(0.2552)(0.2632)(0.2462)
Year_FEYesYesYesYes
City_FEYesYesYesYes
N2991297029262662
Adj.R20.7870.7970.7960.836
  1. Notes. (1) * means P < 10%, * * means P < 5%, * * * means P < 1%; (2) The estimated coefficients in parentheses are the robust standard errors clustering to the city level