|
| State-owned enterprises | Non-state-owned enterprises | ||
| (1) | (2) | (3) | (4) | |
| ROA | ROA | ROA | ROA | |
| Rur_D | 0.000 |
| 0.011*** |
|
| (0.021) |
| (2.894) |
| |
| Rur_scl |
| 0.002** |
| 0.002*** |
|
| (2.266) |
| (2.914) | |
| Controls | control | control | control | control |
| _cons | 0.005 | −0.009 | −0.021 | −0.063** |
| (0.300) | (−0.528) | (−0.728) | (−2.153) | |
| N | 1701 | 1464 | 1823 | 1368 |
| r2_a | 0.067 | 0.258 | 0.069 | 0.224 |
| year | Yes | Yes | Yes | Yes |
| ind | Yes | Yes | Yes | Yes |