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Frontiers of Business Research in China

Table 6 Heterogeneity test: Different sub-regional areas

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

Independent variable

Dependent variable: Y

East

Midland

West

Northeast

IP

− 0.0001

0.0670*

− 0.0214

− 0.0295

(0.0351)

(0.0360)

(0.0320)

(0.0713)

Control variables

Yes

Yes

Yes

Yes

Year_FE

Yes

Yes

Yes

Yes

City_FE

Yes

Yes

Yes

Yes

N

728

947

678

309

Adj.R2

0.897

0.878

0.864

0.659

  1. Notes. (1) * means P < 10%; (2) The estimated coefficients in parentheses are the robust standard errors clustering to the city level
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