Research Article

Can the Double-Pillar Regulation Drive Enterprise Innovation?

Table 6

Robustness test.

(1)(2)
RDRD1

One-week Shibor−0.480285−1.136567
(−8.7550)(−5.7700)

MPI−0.122726−0.301453
(−7.6918)(−5.2762)

One-week ShiborMPI0.0382190.099118
(6.6297)(5.0260)

ControlYY
Fixed effect of the industryYY
Fixed effect of the regionYY
N2083720837
R20.50270.2990