Economic impact of HSR opening on YRD cities
| (1) | (2) | |
|---|---|---|
| Parameter | DN | DN |
| DID | −0.0198*** | −0.0168*** |
| (0.006) | (0.005) | |
| Transportation | 0.00174 | |
| (0.002) | ||
| Labour | 0.310** | |
| (0.145) | ||
| Government | 0.225*** | |
| (0.045) | ||
| FDI | 0.000583*** | |
| (0.000) | ||
| Population | 0.00909 | |
| (0.015) | ||
| _cons | 10.96*** | 10.82*** |
| (0.003) | (0.095) | |
| Fixed Effects | YES | YES |
| N | 574 | 574 |
| adj. R2 | 0.9980 | 0.9985 |
| (1) | (2) | |
|---|---|---|
| Parameter | DN | DN |
| DID | −0.0198*** | −0.0168*** |
| (0.006) | (0.005) | |
| Transportation | 0.00174 | |
| (0.002) | ||
| Labour | 0.310** | |
| (0.145) | ||
| Government | 0.225*** | |
| (0.045) | ||
| FDI | 0.000583*** | |
| (0.000) | ||
| Population | 0.00909 | |
| (0.015) | ||
| _cons | 10.96*** | 10.82*** |
| (0.003) | (0.095) | |
| Fixed Effects | YES | YES |
| 574 | 574 | |
| adj. | 0.9980 | 0.9985 |
Note(s): Standard errors in parentheses *p < 0.1, **p < 0.05, ***p < 0.01
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