Exit | (1) Foreign-owned | (2) Private | (3) State-owned | (4) East | (5) Middle | (6) West |
lnreer | 0.0093*** | 0.0096*** | 0.0194*** | 0.0175*** | 0.0010 | 0.0023 |
| (0.0009) | (0.0035) | (0.0011) | (0.0007) | (0.0034) | (0.0041) |
lngdp | −0.0630*** | −0.0284*** | −0.0445*** | −0.0526*** | −0.0638*** | −0.0640*** |
| (0.0009) | (0.0037) | (0.0010) | (0.0007) | (0.0035) | (0.0046) |
lngdppc | −0.0071*** | 0.0141** | −0.0256*** | −0.0232*** | −0.0020 | 0.0213*** |
| (0.0015) | (0.0061) | (0.0019) | (0.0012) | (0.0058) | (0.0074) |
lndistance | 0.0324*** | 0.0406*** | 0.0778*** | 0.0704*** | 0.0433*** | 0.0214** |
| (0.0021) | (0.0080) | (0.0022) | (0.0015) | (0.0077) | (0.0102) |
tfp | −0.0241*** | −0.0690*** | 0.0177*** | −0.0046*** | 0.0074 | −0.0181** |
| (0.0015) | (0.0061) | (0.0015) | (0.0011) | (0.0054) | (0.0073) |
profit | −0.7057*** | −0.6418*** | −0.3345*** | −0.4145*** | −0.3312*** | −1.0977*** |
| (0.0213) | (0.0610) | (0.0159) | (0.0128) | (0.0647) | (0.0749) |
lnsize | 0.0134*** | 0.0169*** | −0.0441*** | −0.0207*** | 0.0005 | 0.0586*** |
| (0.0010) | (0.0040) | (0.0009) | (0.0007) | (0.0034) | (0.0043) |
lnage | 0.0501*** | 0.0490*** | 0.1048*** | 0.1031*** | 0.0726*** | −0.0242*** |
| (0.0018) | (0.0063) | (0.0024) | (0.0015) | (0.0061) | (0.0081) |
exp | −0.1110*** | −0.1359*** | −0.1581*** | −0.1321*** | −0.0623*** | −0.0965*** |
| (0.0030) | (0.0131) | (0.0031) | (0.0022) | (0.0116) | (0.0148) |
lnvalue | −0.1393*** | −0.1492*** | −0.1458*** | −0.1407*** | −0.1452*** | −0.1332*** |
| (0.0006) | (0.0025) | (0.0006) | (0.0004) | (0.0024) | (0.0029) |
share | −0.5389*** | −0.3902*** | −0.3818*** | −0.4472*** | −0.4861*** | −0.4431*** |
| (0.0047) | (0.0194) | (0.0049) | (0.0034) | (0.0177) | (0.0224) |
lnvariety | −0.0518*** | 0.0603*** | −0.0686*** | −0.0418*** | −0.0459*** | −0.0457*** |
| (0.0014) | (0.0050) | (0.0016) | (0.0011) | (0.0060) | (0.0073) |
_cons | 3.3900*** | 2.2665*** | 2.6987*** | 2.8744*** | 3.2952*** | 2.9472*** |
| (0.0311) | (0.1193) | (0.0303) | (0.0219) | (0.1170) | (0.1499) |
N | 1,460,696 | 97,064 | 1,533,582 | 2,926,534 | 101,392 | 63,416 |
Log likelihood | −908,527.63 | −57,470.252 | −956,631.57 | −1,827,149.6 | −62,227.077 | −38,875.399 |
Wald chi2 | 112,744.24 | 8056.22 | 129,430.29 | 231,463.59 | 7904.51 | 5085.84 |
Prob > chi2 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |