The Impact of Smart City Construction on the Quality of Foreign Direct Investment in China

Table 2

Estimated results of the baseline regression.

Variables	(1)	(2)	(3)	(4)
SMART	0.168	0.134	0.249	0.178
	(2.10)	(2.25)	(2.73)	(2.57)
LNGDP			−0.288	−0.492
			(−0.94)	(−2.11)
RPOP			−0.0494	−0.0372
			(−0.16)	(−0.15)
LNJOB			−0.104	−0.104
			(−0.68)	(−0.90)
LNROAD			0.260	0.236
			(2.13)	(2.54)
LNEDU			−0.250	0.0390
			(−0.78)	(0.16)
SAVERATE			0.0874	0.0373
			(0.83)	(0.47)
LNSO2			0.00916	−0.0500
			(0.18)	(−1.29)
CTCH			−0.778	−0.782
			(−0.10)	(−0.14)
LNGFDI			0.171	0.0102
			(2.82)	(0.22)
LNTAX			0.0716	0.0224
			(1.43)	(0.59)
LIFE			−0.000502	−0.000185
			(−0.40)	(−0.20)
Cons_	0.0631	0.153	6.971	6.320
	−0.88	(2.86)	(1.38)	(1.65)
City fe	YES	YES	YES	YES
Year fe	YES	YES	YES	YES
N	2712	2712	2712	2712
R^2	0.022	0.048	0.029	0.050

Notes: T statistics are in parentheses; ; ; .