| 进入 | | 退出 | | 1999-2008年 | | 2009-2012年 | 1999-2008年 | 2009-2012年 | | (1) | | (2) | (3) | (4) | (1) | (2) | (3) | (4) | Sub | 0.095*** | 0.108*** | 0.073*** | 0.073*** | | 0.072*** | 0.115*** | 0.065*** | 0.103*** | Entry/Exit | -0.107*** | -0.096*** | -0.104*** | -0.107*** | -0.139*** | -0.132*** | -0.125*** | -0.119*** | SOE | -0.051*** | -0.050*** | -0.010* | -0.009 | -0.022*** | -0.018*** | -0.019*** | -0.016*** | FIE | 0.035*** | 0.028*** | 0.014** | 0.001 | 0.040*** | 0.041*** | 0.047*** | 0.048*** | PRI | -0.008*** | -0.007** | 0.010 | 0.014** | -0.046*** | -0.037*** | -0.056*** | -0.049*** | Exp | 0.044*** | 0.044*** | 0.027*** | 0.026*** | 0.049*** | 0.050*** | 0.031*** | 0.036*** | Size | 0.019*** | 0.028*** | -0.008** | -0.009** | 0.011*** | 0.027*** | -0.001 | 0.011*** | Pop | 0.325*** | 0.325*** | 0.074*** | 0.076*** | 0.305*** | 0.304*** | 0.375*** | 0.374*** | Expen | 0.199*** | 0.197*** | 0.463*** | 0.457*** | 0.578*** | 0.579*** | 0.688*** | 0.689*** | Sub×Entry/ | | -0.025*** | | 0.002 | | -0.109*** | | -0.086*** | Sub×Exit | Sub×SOE | | -0.001 | | -0.003 | | -0.0148*** | | -0.011*** | Sub×FIE | | 0.015*** | | 0.034*** | | -0.005 | | -0.005 | Sub×PRI | | -0.007 | | -0.017* | | -0.034*** | | -0.027*** | Sub×Exp | | -0.001 | | 0.000 | | -0.004 | | -0.012*** | Sub×Size | | -0.015*** | | 0.000 | | -0.022*** | | -0.016*** | Constant | 0.214*** | 0.220*** | -2.323*** | -2.291*** | 0.127*** | 0.123*** | -0.518*** | -0.524*** | Observations | 77,254 | 77,254 | 24,117 | 24,117 | 71,275 | 71,275 | 71,275 | 71,275 | R-squared | 0.482 | 0.483 | 0.448 | 0.449 | 0.591 | 0.592 | 0.669 | 0.669 |
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