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Table 8 Heterogeneity test: Different industrial development stages

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

Independent variableDependent variable: Y
Secondary industry dominantTertiary industry dominant
IP0.0463*−0.0078
(0.0243)(0.0304)
Control variablesYesYes
Year_FEYesYes
City_FEYesYes
N1852796
Adj.R20.8540.827
  1. Notes. (1) * means P < 10%; (2) The estimated coefficients in parentheses are the robust standard errors clustering to the city level