Does the Stock Market Affect the Real Economy? An Empirical Analysis Based on China’s Stock Market Liquidity

Table 5

Entropy balance matching result.

Variable	Treat			Control			Std. diff	Var. ratio
	Mean	Var	Ske	Mean	Var	Ske
	0.5018	0.0364	−0.2027	0.5018	0.0364	−0.2025	0.000	0.999
	1.9980	1.7240	3.5700	1.9980	1.7240	3.5700	0.000	1.000
	0.0698	0.0006	1.3860	0.0698	0.0006	1.3860	0.000	1.000
	1.0160	2.3180	1.9650	1.0160	2.3180	1.9650	0.000	1.000
	0.9738	4.0130	32.0400	0.9738	4.0120	32.0400	0.000	1.000