Research on the Digitization of Manufacturing Will Enhance the Competitiveness of the Value Chain Based on Advantage Comparison

Table 5

Estimated results by industry type.

Variable	(11)	(12)	(13)
GLO_DIGIi,t	−45.929	8.232	0.242
	[−1.44]	[3.05]	[2.06]
REPAYIi,t	−0.188	0.430	−0.320
	[−0.35]	[4.68]	[−3.61]
CAPIIi,t	2.023	0.426	0.972
	[4.08]	[2.47]	[3.29]
SCALIi,t	−1.877	−0.227	−0.448
	[−3.08]	[−2.31]	[−2.37]
ABORDIi,t	0.958	−0.436	0.157
	[2.37]	[−3.07]	[1.72]
CONS	0.384	0.298	0.146
	[12.42]	[22.40]	[12.11]
Industry	Control	Control	Control
Year	Control	Control	Control
R^2	0.373	0.565	0.877
F-test	99.29	146.89	230.76