| EI | −0.742*** | −0.720*** |
| (−2.68) | (−2.60) | |
| EI * LnRev * D | −5.445*** | −5.243*** |
| (−3.19) | (−3.05) | |
| EI * LnRev | 0.888 | 0.65 |
| (0.96) | (0.7) | |
| EI * D | 0.948* | 0.911* |
| (1.82) | (1.75) | |
| Eec * LnRev * D | 0.068*** | 0.068*** |
| (3.31) | (3.29) | |
| Inde * LnRev * D | 0.386** | 0.391** |
| (2.17) | (2.18) | |
| Year | control | control |
| Obs | 3,772 | 3,772 |
| R-squared | 0.9 | 0.901 |