Table 8

Regression results of forestry industry development

Ln(Tp_per)Ln(Tp1_per)Ln(Tp2_per)Ln(Tp3_per)
(1)(2)(3)(4)(5)(6)(7)(8)
Ln(Labor_per)0.267***0.281***0.083***0.259***0.648***0.446***0.381***0.587***
(0.018)(0.019)(0.021)(0.019)(0.026)(0.027)(0.019)(0.042)
Ln(Per_tfld) −0.135*** −0.238*** 0.122*** −0.294***
 (0.025) (0.025) (0.036) (0.053)
Ln(Rfi_per) −0.121*** −0.167*** 0.017 −0.029
 (0.016) (0.018) (0.017) (0.044)
Ln(Rgdp) 0.923*** 0.858*** 1.075*** 1.082***
 (0.023) (0.023) (0.029) (0.065)
Percent 0.356*** 0.364*** 0.283*** 0.202***
 (0.009) (0.010) (0.014) (0.020)
Ln(Rfi_per) × Ln(Labor_per) 0.039** 0.015 −0.149*** −0.191***
 (0.018) (0.021) (0.025) (0.038)
Ln(Per_tfld) × Ln(Labor_per) −0.175*** −0.179*** 0.030** −0.096***
 (0.011) (0.012) (0.015) (0.017)
Ln(Rfi_per) × Ln(Per_tfld) 0.082*** 0.005 0.267*** 0.298***
 (0.013) (0.015) (0.020) (0.022)
NFPP −0.004 −0.018 0.022 −0.009
 (0.012) (0.014) (0.017) (0.030)
RCFT −0.05 −0.02 −0.097* −0.051
 (0.043) (0.044) (0.050) (0.083)
RCFT 1st −0.099* −0.047 −0.157*** −0.107
 (0.053) (0.052) (0.059) (0.093)
RCFT 5th −0.075 −0.026 −0.134** −0.068
 (0.055) (0.054) (0.061) (0.096)
RCFT 7th −0.056 −0.016 −0.136** −0.029
 (0.053) (0.052) (0.059) (0.092)
RCFT 10th −0.017 0.002 −0.043 0.061
 (0.043) (0.044) (0.052) (0.085)
Frate −0.056 −0.797*** 2.603*** 1.197***
 (0.066) (0.068) (0.097) (0.133)
Constant term−2.068***−4.765***−3.477***−5.925***−1.849***−4.539***−4.889***−6.436***
(0.102)(0.106)(0.123)(0.120)(0.149)(0.161)(0.108)(0.237)
Variable controlsYesYesYesYesYesYesYesYes
Year FEYesYesYesYesYesYesYesYes
Region FEYesYesYesYesYesYesYesYes
N660620660620660620660620

Note(s): ① *** is significant at 1%, * * is significant at 5%, * is significant at 10%; ②Standard error in parentheses

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