|
| (1) | (2) |
| GT | Earni,t+1 | |
| GT_Province | 0.719*** |
|
|
| (6.130) |
|
| GT_Industry | 0.644*** |
|
|
| (5.084) |
|
| Earni,t |
| 0.414*** |
|
|
| (7.966) |
| Earni,t × GT |
| 0.864** |
|
|
| (2.222) |
| _cons | −0.578*** | 0.037 |
|
| (−5.343) | (1.509) |
| Controls | Yes | Yes |
| N | 570 | 570 |
| Wald chi2 | 147.75*** | 331.25*** |
| Adj_R2 | 0.197 | 0.360 |