Table 7.
The treatment effect of PSM (VER, innovation input).
| Variable | Sample | Treated | Controls | Difference | S.E. | T-stat |
|---|---|---|---|---|---|---|
| Rdexp | Unmatched | 52062112.4 | 23180778.3 | 28881334.1 | 3778724.08 | 7.64 |
| ATT | 50154694.9 | 35042009 | 15112685.9 | 4712594.03 | 3.21 |
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