政府补贴与资源循环利用企业生产率——基于中国上市公司面板门槛效应实证研究
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姚海琳, 贾若康
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Government subsidies and productivity of resource recycling enterprises —— an empirical study on panel threshold effect of listed enterprises in China
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Hailin YAO, Ruokang JIA
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| 表10 补贴门槛效应的内在机理检验 |
| Table 10 The internal mechanism test of the threshold effect of subsidy |
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| 自变量 | 因变量(LnR) | 自变量 | 因变量(RENT) | | SUB≤0.016 | SUB>0.027 | SUB≤0.016 | SUB>0.027 | | SUB | 160.930*** (59.995) | -62.198* (31.040) | SUB | -1.635 (1.284) | 1.663*** (0.513) | | SIZE | 23.804* (14.211) | -219.850*** (60.373) | COM | -0.492*** (0.118) | -0.519*** (0.177) | | SIZE2 | -0.470 (0.319) | 5.125*** (1.390) | LnWAGE | -0.022* (0.012) | -0.065** (0.030) | | GROW | 0.926** (0.453) | 0.914 (0.725) | AGE | -0.001 (0.005) | -0.023** (0.011) | | DEBT | -5.871** (2.581) | -0.613 (8.338) | DEBT | -0.125** (0.059) | -0.309** (0.142) | | LnTFP | -33.853*** (9.084) | -84.332** (36.183) | SIZE | -0.100*** (0.024) | -0.141** (0.052) | | H10 | -5.170 (3.469) | 1.259 (7.060) | H10 | 0.141* (0.080) | -0.093 (0.124) | | Year | 控制 | 控制 | Year | 控制 | 控制 | | C | -181.960 (158.401) | 2 595.412*** (690.233) | C | 2.548*** (0.421) | 4.702*** (1.146) | | R2within | 0.304 | 0.553 | R2within | 0.714 | 0.860 | | F 统计量 | 4.250*** | 2.690** | F 统计量 | 26.980*** | 15.320*** | | 样本 | 162 | 58 | 样本 | 162 | 58 |
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