Research Article
Competitive Strategy of Firms’ Participation in the Global Value Chains and Labor Income Share
Table 9
The estimate results of regressions introducing interact terms.
| | | (1) | (2) | (3) | (4) | (5) | (6) |
| | cs0 | −0.106 (0.0083) | | | | −0.098 (0.0078) | | | cs0 × gvc | −0.285 (0.0923) | | | | | | | cs1 | | 0.140 (0.0071) | | | | 0.110 (0.0089) | | cs1 × gvc | | 0.056 (0.0677) | | | | | | cs2 | | | −0.157 (0.0076) | | | | | cs2 × gvc | | | −0.097 (0.0855) | | | | | cs3 | | | | 0.111 (0.0094) | | | | cs3 × gvc | | | | −0.088 (0.1075) | | | | cs0 × icr | | | | | 0.298 (0.1597) | | | cs1 × ent | | | | | | 0.065 (0.0099) | | gvc | | | | | −0.196 (0.0574) | −0.251 (0.0796) | | fc | 0.633 (0.0178) | 0.632 (0.0177) | 0.633 (0.0177) | 0.634 (0.0178) | 0.634 (0.0178) | 0.672 (0.0237) | | es | 0.142 (0.0139) | 0.135 (0.0139) | 0.139 (0.0139) | 0.145 (0.0139) | 0.143 (0.0139) | 0.150 (0.0192) | | Size | −0.245 (0.0064) | −0.245 (0.0064) | −0.244 (0.0064) | −0.244 (0.0064) | −0.245 (0.0064) | −0.251 (0.0091) | | Age | 0.012 (0.0007) | 0.012 (0.0007) | 0.012 (0.0007) | 0.012 (0.0007) | 0.012 (0.0007) | 0.007 (0.0010) | | Observations | 185400 | 185400 | 185400 | 185400 | 185400 | 103251 | | Year FE | Yes | Yes | Yes | Yes | Yes | Yes | | Firm FE | Yes | Yes | Yes | Yes | Yes | Yes | | R2 | 0.029 | 0.031 | 0.032 | 0.029 | 0.029 | 0.034 |
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