Table 5.
OLS Model Detection Results
| Model Variable | The Year of Policy Implementation: 2009 | The Year of Policy Implementation: 2008 | The Year of Policy Implementation: 2007 | |||
|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Comprehensive Technical Efficiency | Scale Efficiency | Comprehensive Technical Efficiency | Scale Efficiency | Comprehensive Technical Efficiency | Scale Efficiency | |
| Difference-in-differences variable | 0.08 | 0.09 | 0.01 | 0.02 | −0.05 | −0.04 |
| Individual dummy variable | −0.05 | −0.12* | −0.02 | −0.08* | −0.01 | −0.06 |
| Time dummy variable | −0.04 | −0.05* | −0.09*** | −0.12** | −0.11*** | 0.16*** |
| Goodness of fit | 0.01 | 0.03 | 0.04 | 0.08 | 0.07 | 0.14 |
| Constant term | 0.65*** | 0.84*** | 0.64*** | 0.81*** | 0.61*** | 0 79*** |
Notes: *p< 0.005, **p<0.01, ***p<0.0001.