Variables

coefficient

t value

Intercept

0.505***

5.47

NI

1.216*

1.78

POST

0.041**

2.57

SFIRM

0.267***

3.48

LFIRM

−0.094***

−3.2

NI*SFIRM

−0.209

−1.05

NI*LFIRM

−1.131**

−2.34

NI*POST

−0.163

−1.25

NI*SFIRM*POST

−1.641**

−2.51

NI*LFIRM*POST

2.966***

6.18

SIZE

−0.035***

−5.45

LEV

0.411***

9.59

BETA

−0.297***

−12.82

GROWTH

0.044***

7.38

AGE

0.01***

9.24

EP

−2.981***

−28.69

NI*SIZE

0.121**

2.4

NI*LEV

−3.205***

−11.4

NI*BETA

1.957***

10.56

NI*GROWTH

0.886***

21.67

NI*AGE

−0.084***

−11.5

NI*EP

−3.029***

−16.61

n

9094

F value

166***

Adj R²

0.421

Joint Test: NI*POST + NI*SFIRM*POST (F value)

−1.805***

(7.63)

Joint Test: NI*POST + NI*LFIRM*POST (F value)

2.803***

(33.14)

Joint Test: NI*SFIRM*POST = NI*SFIRM*POST (F value)

1.325***

(32.96)