Table 13.

Further analysis: spillover effects

Variables(1)(2)(3)(4)
Industry spillover effectRegional spillover effectOne-period lagged industry spillover effectOne-period lagged regional spillover effect
OsaOsaF.OsaF.Osa
Gplant0.2133*** (0.0506)0.0792 (0.1174)0.2569*** (0.0523)0.1152 (0.1278)
ControlsYESYESYESYES
Firm FEYESYESYESYES
Year FEYESYESYESYES
Constant12.9975*** (1.0978)14.5858*** (1.9436)13.2209*** (1.1230)15.4058*** (1.8568)
N26629247212299621352
R20.88350.78920.88380.7971
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

or Create an Account

Close Modal
Close Modal