Table 7 Regional heterogeneity analysis regression results.
 | East | Middle | West |
---|---|---|---|
\(du \times dt\) | 0.0940*** (0.0270) | 0.0004 (0.0110) | 0.1046*** (0.0405) |
LnFE | 0.0964*** (0.0336) | − 0.0265 (0.0214) | − 0.0522 (0.0361) |
LnIND | 0.0389*** (0.0134) | − 0.0081* (0.0043) | 0.0009 (0.0198) |
\(\rho\) | 0.3769*** (0.0748) | 0.4280*** (0.0743) | 0.4165*** (0.0830) |
Policy direct effect | 0.0952*** (0.0224) | 0.0008 (0.0114) | 0.1071** (0.0419) |
Policy indirect effect | 0.0586** (0.0231) | 0.0003 (0.0088) | 0.0762** (0.0384) |
Policy total effect | 0.1538*** (0.0400) | 0.0011 (0.0200) | 0.1833** (0.0738) |
Control variable | Yes | Yes | Yes |
Log-likelihood | 614.1524 | 1488.4396 | 241.9661 |
Observations | 1470 | 1425 | 645 |
\(R^{2}\) | 0.1598 | 0.1402 | 0.0851 |