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Table 5 Results of OLS regression III

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 toutput value in 1998) (yuan)

Independent variables

    

 Strong guerrillas and liberated by guerrillas

1.360

0.240

0.105

0.121

 (1 = yes, 0 = no)

(0.91)

(0.33)

(0.33)

(0.38)

 Weak guerrillas and liberated by field armies

−1.074

−0.470

−0.165

−0.160

 (1 = yes, 0 = no)

(−0.96)

(−0.91)

(−0.79)

(−0.74)

Control variables

    

 Initial economic conditions

    

  Ln (per capita industrial output value in 1978)

−1.935**

   
 

(−2.17)

   

  Ln (per capita industrial output value in 1952)

 

−2.640***

−0.096

−0.096

  

(−4.53)

(−0.40)

(−0.40)

 Ln (population in 1952)

2.895**

1.204**

0.546**

0.542**

 

(2.23)

(2.07)

(2.26)

(2.20)

  Ln (number of chinshihs in Ming and Qing Dynasties)

0.0124

0.054

0.034

0.035

 

(0.02)

(0.16)

(0.23)

(0.24)

  Ln (per capita arable land in 1952)

0.873

0.960

0.358

0.373

 

(0.57)

(1.18)

(1.06)

(1.10)

 Geographic factors

    

  Ln (length of coastline)

0.291

0.163

0.0716

0.0703

 

(1.08)

(1.37)

(1.43)

(1.38)

  Ln (average altitude)

0.538

0.0672

0.0321

0.0356

 

(0.41)

(0.11)

(0.12)

(0.13)

  Share of flat ground in total county area (%)

0.043

0.010

0.005

0.005

 

(0.64)

(0.33)

(0.39)

(0.41)

  Ln (distance to Shanghai)

−2.335

−1.887

−0.759

−0.684

 

(−0.90)

(−1.59)

(−1.49)

(−1.32)

 F statistics

9.96

7.43

13.76

11.91

  R 2

0.46

0.54

0.56

0.53

 OBS

58

58

58

58

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