Nonlinear Characteristics of the Effect of Manufacturing Servitization on Consumer Business Performance

Table 2

Relationship between service and performance, by total sample.

Models	Model 1	Model 2	Model 3	Model 4
Variables	RPE	RPE	ROA	ROA
SED	0.106	0.347	−0.029	−0.047
	(0.028)	(0.064)	(0.009)	(0.011)
SED^2		−0.023		0.008
		(0.008)		(0.038)
LES	0.004	0.004	0.013	0.013
	(0.002)	(0.002)	(0.004)	(0.004)
DMM	0.161	0.190	0.153	0.148
	(0.026)	(0.028)	(0.025)	(0.025)
EDS	0.006	0.009	0.039	0.081
	(0.008)	(0.022)	(0.011)	(0.024)
CONS	0.775	0.654	0.194	0.216
	(0.084)	(0.092)	(0.034)	(0.032)
Individual effect	Control	Control	Control	Control
Time effect	Control	Control	Control	Control
Adjusted R^2	0.211	0.288	0.147	0.128
Hansen		26.49	14.02	18.64

Notes: . . .