Modelling the Impacts of Government Subsidies on Total Factor Productivity: An Empirical Study

Table 4

Results of robustness tests.

	(1)	(2)	(3)
	TFP_LP	TFP_LP	TFP_LP
Sub	0.028
	(2.322)
Sup		0.031
		(2.797)
Rew			0.012
			(0.602)
Control variables	Control	Control	Control
Year/Prov	Control	Control	Control
R^2	0.788	0.801	0.733
N	508	454	239