(1)

(2)

(3)

(4)

(5)

(6)

rent-seeking

avek

tfp

distortion

0.104***

0.105***

−0.117***

−0.088***

−0.455***

−0.456***

(0.292)

(0.292)

(0.003)

(0.003)

(0.002)

(0.002)

Firm controls

Y

Y

Y

Firm + Year FE

Y

Y

Y

Y

Y

Y

N

1,488,210

1,483,229

1,488,205

1,483,226

1,378,361

1,373,821

R²

0.710

0.712

0.860

0.900

0.918

0.918