The Dynamic Evolution of Overseas Market Network of Chinese Enterprises: Agglomeration or Dispersion

Table 4

The community effect of the export network connection on the enterprise’s overseas market location selection.

	(1)	(2)	(3)	(4)
Whether to export in the previous period	20.284; (0.066)	23.477; (0.081)	18.493; (0.059)	18.471; (0.058)
Geographic network expansion effect	−0.036; (0.000)	0.028; (0.000)	−0.036; (0.000)	0.031; (0.000)
(geographic network expansion effect)		−0.056; (0.000)		−0.053; (0.000)
Economic network expansion effect	0.073; (0.001)	0.054; (0.001)	0.069; (0.001)	0.060; (0.001)
(economic network expansion effect)		0.031; (0.001)		0.032; (0.001)
Number of host countries in the community	0.171; (0.001)	0.070; (0.001)
(number of host countries in the community)		0.971; (0.001)
Proportion of host country in the community			2.431; (0.015)	1.202; (0.008)
(proportion of host country in the community)				1.431; (0.011)
Control variable	Control	Control	Control	Control
Goodness of fit	0.505	0.516	0.509	0.517
Sample size	127098723	126384609	127098723	126384609

Note. , , and represent the significance level of 10%, 5%, and 1%, respectively. The clustering robust standard deviation of the estimated coefficients is given in parentheses. The estimated coefficients are all marginal effects.