Table 7.
Variable | Non-Resource-Based | Resource-Based | ||
---|---|---|---|---|
(1) | (2) | (3) | (4) | |
LCCP | −0.2049 *** | −0.2119 *** | −0.0542 | 0.00059 |
(0.06200) | (0.0501) | (0.3395) | (0.03438) | |
Control | No | Yes | No | Yes |
Cons | 3.4325 *** | 1.1012 *** | 3.5622 *** | 1.5578 *** |
(0.0139) | (0.2936) | (0.0105) | (0.2633) | |
Time-fixed | Yes | Yes | Yes | Yes |
City-fixed | Yes | Yes | Yes | Yes |
N | 1502 | 1502 | 2268 | 2225 |
R2 | 0.0072 | 0.4019 | 0.0011 | 0.1440 |
Note: *** indicates significance at the 1% level. Standard errors are in parentheses.