TABLE 3.

Heterogeneous effects of the lockdown policy on Chinese cabbage prices

	(1) Hubei province	(2) Non‐Hubei provinces	(3) Import provinces	(4) Producing provinces	(5) High case provinces	(6) Low case provinces
Panel A	Conventional
	0.594	0.438 ***	0.496 ***	0.365 ***	0.532 ***	0.421 ***
	(1.20)	(8.92)	(6.16)	(5.20)	(4.33)	(7.07)
Panel B	Bias corrected
	0.634	0.440 ***	0.499 ***	0.367 ***	0.538 ***	0.419 ***
	(1.28)	(8.96)	(6.19)	(5.22)	(4.37)	(7.04)
Panel C	Robust
	0.634	0.440 ***	0.499 ***	0.367 ***	0.538 ***	0.419 ***
	(1.18)	(8.27)	(5.85)	(4.93)	(4.00)	(6.67)
Effective N	290	10581	5383	5488	1690	9181

Notes: Each cell reports the coefficient of After from one regression with controls for market FE, month FE, the interaction, and a fourth‐order polynomial time trend. In each panel, the dependent variable is ln(Price) and the results are calculated with different types of standard errors. t statistics are in parentheses.

* = p < 0.1.

** = p < 0.05.

^***= p < 0.01.