Table 11.

Effects of different components of competition on DEA_CRS excluding variable STZ

	Model 1	Model 2	Model 3	Model 4	Model 5	Model 6	Model 7
B(t)	− 0.043*** (0.008)
∆B(h, t)		0.860*** (0.136)
A(h)			− 0.033 (0.057)
maxIMS				0.050*** (0.018)	0.052** (0.021)
IMS2					− 0.011 (0.052)
I1						− 0.026 (0.075)
I2						− 0.003 (0.062)
I3						− 0.006 (0.067)
I4						− 0.043 (0.069)
I5						− 0.011 (0.072)
HHI							0.254*** (0.069)
_cons	0.847*** (0.014)	0.820*** (0.009)	0.829*** (0.020)	0.800*** (0.015)	0.800*** (0.015)	0.838*** (0.066)	0.722*** (0.030)
Obs	576	576	576	576	576	576	576
R 2	0.012	0.359	0.005	0.004	0.005	0.032	0.005

Standard errors are in parenthesis

***p < 0.01, **p < 0.05, *p < 0.1