Research Article
Competitive Strategy of Firms’ Participation in the Global Value Chains and Labor Income Share
Table 6
The estimated results of regressions on subsamples classified by ownership and regions.
| | | Ownership | Regions | | State-owned/collective-owned enterprises | Private enterprises | Foreign-funded/Hong Kong, Macau, and Taiwan enterprises | Eastern region | Central region | Western region |
| | cs1 | 0.149 (0.0392) | 0.176 (0.0129) | 0.256 (0.0150) | 0.215 (0.0096) | 0.211 (0.0444) | 0.209 (0.0526) | | cs2 | −0.031 (0.0364) | −0.028 (0.0124) | −0.014 (0.0136) | −0.026 (0.0090) | 0.034 (0.0413) | −0.106 (0.0471) | | cs3 | 0.153 (0.0454) | 0.191 (0.0145) | 0.296 (0.0173) | 0.241 (0.0109) | 0.324 (0.0518) | 0.147 (0.0627) | | gvc | −0.136 (0.2330) | −0.074 (0.0782) | −0.227 (0.0946) | −0.166 (0.0597) | −0.352 (0.2532) | 0.341 (0.3076) | | fc | 0.249 (0.0791) | 0.608 (0.0242) | 0.742 (0.0296) | 0.630 (0.0185) | 0.676 (0.0771) | 0.522 (0.0967) | | es | 0.077 (0.0665) | 0.144 (0.0183) | 0.092 (0.0236) | 0.130 (0.0144) | 0.059 (0.0661) | 0.071 (0.0870) | | Size | −0.249 (0.0345) | −0.245 (0.0082) | −0.298 (0.0123) | −0.230 (0.0067) | −0.305 (0.0289) | −0.406 (0.0385) | | Age | −0.002 (0.0018) | 0.004 (0.0009) | 0.055 (0.0019) | 0.014 (0.0008) | −0.003 (0.0024) | 0.007 (0.0029) | | Observations | 13828 | 99451 | 72121 | 166211 | 12390 | 6799 | | Year FE | Yes | Yes | Yes | Yes | Yes | Yes | | Firm FE | Yes | Yes | Yes | Yes | Yes | Yes | | R2 | 0.019 | 0.046 | 0.048 | 0.039 | 0.040 | 0.049 |
|
|
