Table 5.
Variables | Ralpt | Ralpt1 | Ralpt2 | |||
---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | |
lcpilot × post | 0.006 *** | 0.006 *** | 0.006 *** | 0.005 *** | 0.002 ** | 0.001 ** |
(0.003) | (0.002) | (0.002) | (0.001) | (0.001) | (0.000) | |
Control | YES | YES | YES | YES | YES | YES |
Time fixed effect | NO | YES | NO | YES | NO | YES |
Industry fixed effect | NO | YES | NO | YES | NO | YES |
Urban fixed effect | NO | YES | NO | YES | NO | YES |
N | 10,080 | 10,080 | 10,080 | 10,080 | 10,080 | 10,080 |
Adj R2 | 0.025 | 0.035 | 0.027 | 0.036 | 0.024 | 0.032 |
Note: figures in () are robust standard error; ***, ** indicate significance at the 1%, 5% levels, respectively.