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Table 4 Results of OLS regression II

From: The informal power configuration of local government and economic development policy in China

 

Model 1

Model 2

Model 3

Model 4

 

Annual growth rate of per capita industrial output value from 1978–1998 (%)

Annual growth rate of per capita industrial output value from 1952–1998 (%)

Ln (per Capita non-state- owned industrial output value in 1998) (yuan)

Ln (per Capita non-state-owned and non-foreign-invested industrial output value in 1998) (yuan)

Independent variables

2.376**

1.445***

0.573***

0.575***

 Strength of guerrillas (1 = strong, 0 = weak)

(2.08)

(3.46)

(3.25)

(3.20)

 Liberated by guerrillas

0.229

−0.302

−0.127

−0.100

 (1 = yes, 0 = no)

(0.18)

(−0.52)

(−0.52)

(−0.40)

 Liberated by field armies

−0.365

−0.091

−0.049

−0.033

 (1 = yes, 0 = no)

(−0.33)

(−0.18)

(−0.23)

(−0.15)

Control variables

    

 Initial economic conditions

    

  Ln (per capita industrial output value in 1978)

−2.379**

   
 

(−2.33)

   

  Ln (per capita industrial output value in 1952)

 

−2.738***

−0.134

−0.134

  

(−5.28)

(−0.61)

(−0.62)

  Ln (population in 1952)

2.789**

1.121*

0.510**

0.507**

 

(2.08)

(1.95)

(2.10)

(2.05)

  Ln (number of chinshihs)

0.072

0.103

0.053

0.055

 

(0.10)

(0.31)

(0.37)

(0.38)

  Ln (per capita arable land in 1952)

1.803

1.622**

0.625**

0.649**

 

(1.18)

(2.30)

(2.07)

(2.12)

 Geographic Factors

    

  Ln (length of coastline)

0.220

0.105

0.048

0.047

 

(0.81)

(0.85)

(0.92)

(0.88)

 Ln (average altitude)

−0.412

−0.542

−0.212

−0.215

 

(−0.30)

(−0.93)

(−0.86)

(−0.86)

  Share of flat ground in total county area (%)

0.019

−0.005

0.000

0.000

 

(0.26)

(−0.15)

(−0.06)

(−0.06)

  Ln (distance to Shanghai)

−1.462

−1.195

−0.469

−0.390

 

(−0.59)

(−1.12)

(−1.01)

(−0.83)

 F statistics

8.70

8.28

14.41

12.41

  R 2

0.48

0.59

0.60

0.58

 OBS

58

58

58

58

  1. Robust t-statistics in parentheses
  2. ***Significant at 1 %; **Significant at 5 %; *Significant at 10 %