Research Article

Producer Services Openness and the Development of Servitization: The Perspective of Two-Way Openness

Table 3

Benchmark regression results.

VariablesModel 1Model 2Model 3Model 4

ln jkst0.050 (0.013)0.029 (0.009)
ln fdist0.246 (0.013)0.227 (0.012)
ln ofdist0.149 (0.016)0.051 (0.014)
Rd0.172 (0.057)0.085 (0.023)0.430 (0.055)0.327 (0.032)
Cyjg0.015 (0.005)0.024 (0.003)0.002 (0.004)0.020 (0.003)
Jzl0.002(0.001)0.005 (0.001)0.002(0.001)0.003 (0.001)
Yll0.001 (0.002)0.001 (0.002)0.001 (0.002)0.001 (0.002)
Cons−0.549 (0.238)−1.661 (0.144)−0.938 (0.189)−1.164 (0.138)
Observation195195195195
Id13131313
Hausman2.8328.70 30.68 5.03
Wald chi2/F42.98 83.32 24.42 82.28

Note. , , and , respectively, represent statistical significance at the level of 1%, 5%, and 10%, and the values in brackets are robust standard errors.