Extended probit model for the effect of GVC participation on innovation
| (1) | (2) | |
|---|---|---|
| Variables | GVC1 | GVC2 |
| GVC | 1.720*** (0.404) | 2.506*** (0.725) |
| SIZE | −0.194* (0.107) | −0.145 (0.104) |
| LNAGE | −0.239*** (0.0885) | −0.254*** (0.0891) |
| RD | 0.321** (0.163) | 0.364** (0.158) |
| WEB | 0.224 (0.203) | 0.194 (0.201) |
| SKILL | −0.0357 (0.285) | 0.0775 (0.280) |
| TRAIN | 0.503*** (0.183) | 0.590*** (0.180) |
| FDI | 0.936** (0.420) | 0.990** (0.435) |
| FINANCE | 0.0227 (0.0682) | 0.0294 (0.0669) |
| FEMALE | −0.0368 (0.153) | −0.111 (0.150) |
| LNEXPER | 0.291** (0.125) | 0.346*** (0.126) |
| CONSTANT | −1.431*** (0.543) | −1.646*** (0.530) |
| INDUSTRY | Yes | Yes |
| REGION | Yes | Yes |
| var(e.gvc1) | 0.115*** (0.00495) | 0.0391*** (0.00168) |
| corr(e.gvc1,e.innov) | −0.364** (0.159) | −0.370** (0.161) |
| Observations | 1,078 | 1,078 |
| (1) | (2) | |
|---|---|---|
| Variables | GVC1 | GVC2 |
| 1.720 | 2.506 | |
| −0.194 | −0.145 (0.104) | |
| −0.239 | −0.254 | |
| 0.321 | 0.364 | |
| 0.224 (0.203) | 0.194 (0.201) | |
| −0.0357 (0.285) | 0.0775 (0.280) | |
| 0.503 | 0.590 | |
| 0.936 | 0.990 | |
| FINANCE | 0.0227 (0.0682) | 0.0294 (0.0669) |
| −0.0368 (0.153) | −0.111 (0.150) | |
| LNEXPER | 0.291 | 0.346 |
| CONSTANT | −1.431 | −1.646 |
| INDUSTRY | Yes | Yes |
| Yes | Yes | |
| var(e.gvc1) | 0.115 | 0.0391 |
| corr(e.gvc1,e.innov) | −0.364 | −0.370 |
| Observations | 1,078 | 1,078 |
Standard errors in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.