Table 9.

Heterogeneity analysis: factor intensity of production in the industries

VariablesCapital-intensive industriesLabor-intensive industries
(1)(2)(3)(4)
EneOsaEneOsa
Gplant0.0362* (0.0198)1.1267*** (0.4155)0.0184 (0.0167)0.5412 (0.3359)
ControlsYESYESYESYES
Firm FEYESYESYESYES
Year FEYESYESYESYES
Constant0.4991 (0.3919)7.7700 (7.6372)1.3793*** (0.4407)27.1495*** (8.5060)
N5243524355895589
R20.86490.86670.83980.8516
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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