Research Article
The Core-Periphery Structure in the Yangtze River Delta: An Enterprise Linkage Perspective, 1978–2019
Table 9
Regression results of enterprise investment.
| | Independent variable | YDR | Jiangsu | Zhejiang | Anhui |
| | ln FAI | 0.257 (1.272) | −0.932 (−3.219) | −0.583 (−2.626) | −0.221 (−0.339) | | ln LR | 0.411 (2.079) | 0.567 (2.930) | 0.071 (0.622) | 1.461 (2.002) | | ln UR | 0.664 (2.575) | 0.008 (0.013) | 0.236 (1.397) | 0.367 (0.418) | | ln IDU | 0.241 (0.346) | 2.109 (2.150) | −0.536 (−3.452) | 3.949 (2.429) | | ln FRE | 1.280 (2.130) | −1.348 (−1.223) | −0.296 (−1.796) | 1.940 (1.121) | | ln DP | 1.128 (3.639) | 2.082 (5.753) | 1.426 (4.512) | 1.183 (1.738) | | ln PD | 0.281 (1.254) | −0.081 (−0.118) | 1.098 (4.280) | −0.015 (−0.034) | | ln CGP | 0.157 (0.462) | 0.715 (2.035) | 0.833 (1.845) | 0.461 (0.455) | | ln HM | 0.239 (1.112) | 0.603 (1.864) | 0.054 (0.388) | 0.352 (0.521) | | ln TS | −0.002 (−0.078) | 0.067 (2.728) | −0.087 (−0.774) | −1.225 (−3.990) | | Constant | −12.461 (−4.423) | −20.667 (−3.903) | −9.324 (−4.164) | −24.407 (−3.830) | | N | 40 | 13 | 11 | 16 | | R2 | 0.884 | 0.937 | 0.927 | 0.916 |
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Note: the symbols , , and represent the significance levels of 10%, 5%, and 1%, respectively; the values in parentheses are the corresponding t-values. |
