Variable name | (1) | (2) | (3) | (4) | (5) |
---|---|---|---|---|---|
Industry | Income | ||||
High-risk | Medium-risk | Low-risk | Below 50% | Above 50% | |
Treat*Time | 0.076** | 0.087 | 0.038 | 0.053 | 0.086** |
(0.03) | (0.06) | (0.07) | (0.04) | (0.04) | |
Control Variables | Yes | Yes | Yes | Yes | Yes |
City-fixed effect | Yes | Yes | Yes | Yes | Yes |
Time-fixed effect | Yes | Yes | Yes | Yes | Yes |
Observations | 9003 | 2862 | 1675 | 6078 | 7462 |
Adjusted R2 | 0.101 | 0.088 | 0.102 | 0.078 | 0.104 |