| (1) | (2) | (3) | (4) | (5) | (6) |
imup | imdown | im | imup_fe | imdown_fe | im_fe | |
openness | 0.661*** | −0.294 | 0.483** | 0.972** | −0.889*** | −0.011 |
| (0.236) | (0.262) | (0.224) | (0.414) | (0.331) | (0.294) |
hhsize | 0.097** | −0.036 | 0.051 | −0.186** | −0.048 | −0.132** |
| (0.044) | (0.044) | (0.040) | (0.084) | (0.064) | (0.058) |
edu_f | −0.249*** | 0.190*** | −0.034 | −0.134* | 0.152*** | 0.066 |
| (0.042) | (0.038) | (0.035) | (0.072) | (0.058) | (0.053) |
age | 0.207*** | −0.175*** | −0.001 | 0.319** | −0.180* | 0.004 |
| (0.052) | (0.047) | (0.046) | (0.125) | (0.098) | (0.089) |
age2 | −0.003*** | 0.002*** | −0.0003 | −0.005** | 0.003 | −0.00002 |
| (0.001) | (0.001) | (0.001) | (0.002) | (0.002) | (0.002) |
age_f | −0.059 | −0.143** | −0.181*** | 0.008 | 0.010 | −0.061 |
| (0.071) | (0.067) | (0.067) | (0.161) | (0.133) | (0.119) |
age_f2 | 0.001 | 0.001** | 0.002*** | 0.0003 | −0.0003 | 0.001 |
| (0.001) | (0.001) | (0.001) | (0.001) | (0.001) | (0.001) |
edu | 61.605 | 62.565 | 110.308*** | −0.988 | 11.243 | 21.654 |
| (38.992) | (39.022) | (35.827) | (112.041) | (77.495) | (73.271) |
industry | −1.719 | 1.686 | 0.415 | 3.264 | −0.225 | 2.125 |
| (1.099) | (1.037) | (0.945) | (3.601) | (2.551) | (2.418) |
Constant | −3.184* | 5.796*** | 4.759*** | −7.673* | 2.728 | 1.688 |
| (1.841) | (1.737) | (1.721) | (4.036) | (3.196) | (2.894) |
Obs. | 1766 | 1766 | 1766 | 764 | 764 | 764 |