Table 7.

Heterogeneity analysis: differences in enterprise ownership structure

VariablesForeign-invested enterprisesDomestic enterprises
(1)(2)(3)(4)
EneOsaEneOsa
Gplant0.0889 (0.0746)2.1149 (1.5421)0.0227*** (0.0087)0.7680*** (0.1769)
Constant2.1123* (1.1606)35.2778 (21.4297)0.7834*** (0.1791)12.5958*** (3.5034)
ControlsYESYESYESYES
Firm FEYESYESYESYES
Year FEYESYESYESYES
N101010102503925039
R20.77170.80180.84740.8589
Note(s):

Standard errors at the firm-level cluster in parentheses. *p < 0.10, **p < 0.05, ***p < 0.01

Source(s): Authors’ own work

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