Research Article

[Retracted] Government Intervention, Financial Support, and Comprehensive Efficiency of Enterprise Independent Innovation: Empirical Analysis Based on the Data of Chinese Strategic Emerging Industries

Table 12

Tobit panel regression results.

VariablesModel (1)Model (2)Model (3)

vrsteit-10.06360.07170.0909
(0.72)(0.89)(1.81)
Vrste2 it-1−0.0013−0.0026−0.0019
(−0.82)(−0.98)(−0.91)
(−1.00)(−0.87)(−1.08)
G0.0150.01510.0143
(2.24)(2.25)(2.12)
F0.00470.00470.0038
(1.54)(1.55)(1.20)
G×F−0.0062−0.0057
(−1.42)(−1.23)
G2−0.0097
(−0.98)
F2−0.0009
(−1.54)
Lnsize
ep
−0.0005−0.0007−0.0004
(−0.22)(−0.32)(−0.17)
0.00040.000380.00038
Age(0.3)(0.25)(0.27)
0.00010.00010.00021
(0.11)(0.12)(0.2)
Lev−0.0008−0.0008−0.0007
(−0.77)(−0.79)(−0.75)
Own−0.0015−0.0018−0.0017
(−0.33)(−0.39)(−0.37)
Constant0.8920.89250.8931
(22.10)(22.26)(22.29)
Wald test14.3414.7211.01
Log likelihood−96.73−92.51−80.12

Wald test statistics pass 5% significance test, indicating that the model fits well.