Table 5.
Regional heterogeneity test.
VAR | (1) Eastern | (2) Central | (3) Western |
---|---|---|---|
DID | −0.207 (0.213) | −0.603** (0.249) |
−0.687*** (0.241) |
Constant | 32.939*** (5.548) |
11.505* (5.842) |
21.507*** (4.653) |
Observations | 1,093 | 1,069 | 880 |
R 2 | 0.332 | 0.204 | 0.163 |
Controls | YES | YES | YES |
Year-fix | YES | YES | YES |
City-fix | YES | YES | YES |
represent statistical significance at the 1%, 5%, and 10% levels, respectively. The values in parentheses are robust standard errors for clustering to the city level.