Research Article
Study on the Influence of Reform of Cultural Administrative System on the Upgrading of Urban Industrial Structure
Table 5
PSM-DID regression results.
| | Explained variable | 1 model | 2 model | 3 model | 4 model |
| | Culreform | 0.1517 (9.666) | 0.1358 (8.193) | 0.1713 (10.485) | 0.1169 (7.253) | | Control variable | NO | NO | YES | YES | | Time fixed effect | NO | YES | NO | YES | | Individual fixation effect | NO | YES | NO | YES | | Constant term | 0.8213 (112.642) | 0.8247 (164.461) | 1.8557 (17.560) | 4.2085 (13.577) | | Observed value | 4417 | 4417 | 4417 | 4417 | | R2 | 0.021 | 0.765 | 0.093 | 0.786 |
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