Can the Double-Pillar Regulation Drive Enterprise Innovation?

Table 3

Regression results of the baseline model.

	(1)	(2)	(3)	(4)
MP	0.500080	0.285739	0.283886	0.276847
	(14.9011)	(9.5505)	(8.7828)	(8.4826)
MPI	−0.057048	−0.051876	−0.036158	−0.037564
	(−7.3621)	(−7.4817)	(−4.7561)	(−5.1107)
MMPI	0.024279	0.020648	0.013597	0.014127
	(6.5375)	(6.2280)	(3.9362)	(4.2396)
Control	N	Y	Y	Y
Fixed effect of the industry	N	N	Y	Y
Fixed effect of the region	N	N	N	Y
N	20853	20853	20852	20837
R2	0.0460	0.2593	0.4504	0.5093