Addressing endogeneity issues
| Variable name | (1) | (2) |
|---|---|---|
| lnexpy | lnexpy | |
| Lagged one period of industrial agglomeration level (lei–1) | 38.379*** (2.661) | 61.634*** (2.876) |
| Forest coverage rate (cover) | –1.951 (–0.466) | |
| Production efficiency (production) | –0.111* (–1.920) | |
| External dependence (foreign) | 31.736 (0.343) | |
| Investment in fixed assets of forestry (invest) | 12.101** (1.995) | |
| Forestry practitioners (personnel) | –0.000 (–0.372) | |
| _cons | 80.279*** (5.617) | 30.689 (0.194) |
| N | 243.000 | 243.000 |
| Variable name | (1) | (2) |
|---|---|---|
| lnexpy | lnexpy | |
| Lagged one period of industrial agglomeration level (lei–1) | 38.379 | 61.634 |
| Forest coverage rate ( | –1.951 (–0.466) | |
| Production efficiency ( | –0.111 | |
| External dependence ( | 31.736 (0.343) | |
| Investment in fixed assets of forestry ( | 12.101 | |
| Forestry practitioners ( | –0.000 (–0.372) | |
| _cons | 80.279 | 30.689 (0.194) |
| N | 243.000 | 243.000 |
*, **, *** represent the significance levels of 10, 5, and 1% respectively. Values in parentheses are t-values
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