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Frontiers of Business Research in China

Table 9 Heterogeneity test: Different industrial policy types

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

Independent variable

Dependent variable: Y

Selective industrial policy

Functional industrial policy

IP

0.0348***

0.0446***

(0.0038)

(0.0066)

Control variables

Yes

Yes

Year_FE

Yes

Yes

City_FE

Yes

Yes

N

1030

329

Adj.R2

0.417

0.553

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