Mechanism test results
| Mechanism | Attract investment agglomeration | Attract high-quality talent | ||||||
|---|---|---|---|---|---|---|---|---|
| Groups | Total | East | Central | West | Total | East | Central | West |
| DID | 0.197* | 0.254** | −0.037 | 0.254 | 0.054 | 0.132 | 0.157** | −0.050 |
| (1.89) | (2.18) | (−0.27) | (1.15) | (1.11) | (1.27) | (2.25) | (−0.58) | |
| lnGDP | 0.950*** | −0.479 | 0.146 | 1.286** | 0.098 | 0.035 | 0.615** | −0.094 |
| (3.26) | (−1.47) | (0.27) | (2.55) | (0.71) | (0.11) | (2.06) | (−0.50) | |
| pplive | −0.061 | 0.729 | 0.721 | −0.963 | 0.412** | 1.041** | 0.147 | 0.119 |
| (−0.11) | (1.04) | (1.43) | (−0.86) | (2.07) | (2.06) | (0.60) | (0.38) | |
| cityrate | 0.038*** | 0.067*** | 0.030* | 0.023* | 0.001 | 0.011 | −0.009 | 0.001 |
| (3.27) | (4.16) | (1.69) | (1.68) | (0.18) | (1.65) | (−1.19) | (0.42) | |
| Constant | 3.566 | 3.064 | 2.131 | 9.086 | 4.383** | −1.121 | 4.571** | 7.475*** |
| (0.75) | (0.51) | (0.49) | (1.01) | (2.59) | (−0.26) | (2.13) | (3.09) | |
| Observations | 2,275 | 722 | 735 | 781 | 1,833 | 548 | 555 | 702 |
| R−squared | 0.822 | 0.875 | 0.841 | 0.657 | 0.927 | 0.923 | 0.912 | 0.942 |
| Mechanism | Attract investment agglomeration | Attract high-quality talent | ||||||
|---|---|---|---|---|---|---|---|---|
| Groups | Total | East | Central | West | Total | East | Central | West |
| DID | 0.197* | 0.254** | −0.037 | 0.254 | 0.054 | 0.132 | 0.157** | −0.050 |
| (1.89) | (2.18) | (−0.27) | (1.15) | (1.11) | (1.27) | (2.25) | (−0.58) | |
| lnGDP | 0.950*** | −0.479 | 0.146 | 1.286** | 0.098 | 0.035 | 0.615** | −0.094 |
| (3.26) | (−1.47) | (0.27) | (2.55) | (0.71) | (0.11) | (2.06) | (−0.50) | |
| pplive | −0.061 | 0.729 | 0.721 | −0.963 | 0.412** | 1.041** | 0.147 | 0.119 |
| (−0.11) | (1.04) | (1.43) | (−0.86) | (2.07) | (2.06) | (0.60) | (0.38) | |
| cityrate | 0.038*** | 0.067*** | 0.030* | 0.023* | 0.001 | 0.011 | −0.009 | 0.001 |
| (3.27) | (4.16) | (1.69) | (1.68) | (0.18) | (1.65) | (−1.19) | (0.42) | |
| Constant | 3.566 | 3.064 | 2.131 | 9.086 | 4.383** | −1.121 | 4.571** | 7.475*** |
| (0.75) | (0.51) | (0.49) | (1.01) | (2.59) | (−0.26) | (2.13) | (3.09) | |
| Observations | 2,275 | 722 | 735 | 781 | 1,833 | 548 | 555 | 702 |
| 0.822 | 0.875 | 0.841 | 0.657 | 0.927 | 0.923 | 0.912 | 0.942 | |
Source(s): Authors’ own work
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