Table 7.
Estimated results of heterogeneity in property rights attributes.
| (1) |
(2) |
(3) |
(4) |
|
|---|---|---|---|---|
| Variables | LSHR | rLSHR | LSHR | rLSHR |
| LBRP(Non-state-owned) | 0.6970* | 0.0445* | ||
| (0.4138) | (0.0259) | |||
| LBRP(State-owned) | 1.3773*** | 0.0995*** | ||
| (0.4388) | (0.0321) | |||
| rLBRP(Non-State-owned) | 2.1289*** | 0.1348*** | ||
| (0.4984) | (0.0320) | |||
| rLBRP(State-owned) | 2.4357*** | 0.1600*** | ||
| (0.4675) | (0.0326) | |||
| Control | Yes | Yes | Yes | Yes |
| Individual | Yes | Yes | Yes | Yes |
| Annual | Yes | Yes | Yes | Yes |
| observations | 30,731 | 30,731 | 30,731 | 30,731 |
| R2 | 0.1321 | 0.1322 | 0.1331 | 0.1330 |
| N | 3384 | 3384 | 3384 | 3384 |