Table 5.
The result of hypothesis H3.
| (1) |
(2) |
|
|---|---|---|
| inventory | mbc | |
| digital | 1.4973*** | 0.0019* |
| (4.9758) | (1.6790) | |
| Control | Yes | Yes |
| Firm effects | Yes | Yes |
| Year effects | Yes | Yes |
| Observations | 27,962 | 28,248 |
| R2 | 0.6735 | 0.6218 |
Official websites use .gov
A
.gov website belongs to an official
government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you've safely
connected to the .gov website. Share sensitive
information only on official, secure websites.