| (1) export | (2) export | (3) export | (4) export | (5) export | |
| ofdi | 0.469*** (26.83) | 0.338*** (13.11) | 0.303*** (10.75) | 0.303*** (10.74) | 0.297*** (10.27) |
| Capital density | −0.00000364 (−0.41) | −0.0000177 (−1.91) | −0.0000178 (−1.92) | −0.0000180 (−1.94) | |
| tfp | 0.00202 (0.84) | 0.0365*** (4.57) | 0.0369*** (4.60) | 0.0373*** (4.64) | |
| scale | −0.148*** (−8.09) | −0.0970*** (−4.59) | −0.0966*** (−4.57) | −0.0953*** (−4.50) | |
| Foreign capital | 0.113*** (9.40) | 0.190*** (12.19) | 0.190*** (12.16) | 0.190*** (12.19) | |
| Year effects | No | No | Yes | Yes | Yes |
| Region effects | No | No | No | Yes | Yes |
| Industry effects | No | No | No | No | Yes |
| _cons | 0.116*** (12.52) | 0.533*** (9.28) | 0.250** (2.99) | 0.248** (2.96) | 0.242** (2.87) |
| N | 3512 | 3512 | 3512 | 3512 | 3512 |
| t statistics in parentheses | |||||
| *p < 0.1; **p < 0.05; ***p < 0.01 | |||||