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

Table 5

Heterogeneity.

Variables	Geographical position			Economic development			Natural resource dependency
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)
	East	Middle	West	Low	Medium	High	Low	Medium	High
Smart	0.0968	0.216	0.0742	−0.0947	0.172	0.190	0.386	0.0278	0.103
	(0.103)	(1.50)	(2.66)	(−0.54)	(1.77)	(1.95)	(3.00)	(0.31)	(0.76)
Control variables	YES	YES	YES	YES	YES	YES	YES	YES	YES
City Fe	YES	YES	YES	YES	YES	YES	YES	YES	YES
Year Fe	YES	YES	YES	YES	YES	YES	YES	YES	YES
R2	0.0986	0.0634	0.1105	0.932	0.1035	0.0482	0.0976	0.0704	0.0540

Notes: T statistics are in parentheses; ; ; .