Table 6 Regional economic incentives and...

Table 6

Regional economic incentives and IPO waiting period

	IPOwait	IPOwait	IPOwait	IPOwait
	(1)	(2)	(3)	(4)
Regional Economic Incentives	−2.792*** (−5.74)
Central Economic Incentives		−1.027 (−1.47)
Local Economic Incentives			−4.990*** (−7.79)
Diff in loc_cen Economic Incentives				−0.904* (−1.75)
Control Var	Y	Y	Y	Y
Year F.E	Y	Y	Y	Y
Industry F.E	Y	Y	Y	Y
Adjust R²	0.0949	0.0922	0.0964	0.0924
N	1,593	1,593	1,593	1,593

	IPOwait	IPOwait	IPOwait	IPOwait
	(1)	(2)	(3)	(4)
Regional Economic Incentives	−2.792*** (−5.74)
Central Economic Incentives		−1.027 (−1.47)
Local Economic Incentives			−4.990*** (−7.79)
Diff in loc_cen Economic Incentives				−0.904* (−1.75)
Control Var	Y	Y	Y	Y
Year F.E	Y	Y	Y	Y
Industry F.E	Y	Y	Y	Y
Adjust R²	0.0949	0.0922	0.0964	0.0924
N	1,593	1,593	1,593	1,593

Note(s): See Table 1 for the variable definitions. The intercept is included but not tabulated. T-statistics are given in brackets. Standard errors are clustered at the industry level. *, ** and *** indicate significance at the 10, 5 and 1% levels, respectively. The control variables in Table 6 are the same as in Table 3 and are untabulated for brevity

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