The name is absent



Table 7 Foreign networks and performance

(1)a)

(2) a)

Dependent variable : TFP_index

(11)

(12)

(3) a)

(4) a)

(5) a)

(6)

(7)

(8) a)

(9)

(10)

IMP*EXP DUMMY

0.129

0.204

[0.057]**

[0.081]**

Export Dummy

0.011

[0.056]

Import Dummy

-0.091

[0.114]

IE

0.429

0.240

0.442

0.716

1.247

0.205

0.749

1.343

0.776

1.980

[0.108]***

[0.193]*

[0.126]***

[0.284]**

[0.353]***

[0.086]**

[0.384]**

[0.474]***

[0.324]**

[1.201]*

Import share

0.108

-0.553

-0.613

[0.174]

[0.180]***

[0.240]**

Export share

0.077

0.038

-0.006

[0.073]

[0.082]

[0.124]

Imp. Sh. of non exporters

-0.155

[0.119]

Exp. Sh. of non importers

0.063

[0.084]

TFP_index (t-1)

0.632

0.537

0.529

[0.123]***

[0.122]***

[0.120]***

Age of the firm

0.003

0.003

0.003

0.003

0.003

-0.001

0.001

0.001

-0.001

0.015

[0.002]

[0.002]

[0.002]

[0.002]

[0.002]

[0.001]

[0.001]

[0.001]

[0.002]

[0.013]

Share of public ownership

0.004

0.004

0.005

0.004

0.005

-0.020

0.000

0.000

0.002

0.450

[0.002]

[0.002]

[0.002]**

[0.002]*

[0.002]**

[0.012]

[0.000]

[0.000]

[0.005]

[0.384]

Share of foreign ownership

1.222

1.221

1.239

1.223

1.210

0.862

-0.042

0.040

1.158

3.483

[0.357]***

[0.355]***

[0.369]***

[0.391]***

[0.381]***

[0.269]***

[0.660]

[0.652]

[0.380]***

[2.073]*

Constant

1.098

1.116

1.090

1.091

1.101

1.015

1.041

0.386

-0.078

-0.065

1.084

0.000

[0.066]***

[0.056]***

[0.064]***

[0.061]***

[0.063]***

[0.035]***

[0.041]***

[0.149]**

[0.131]

[0.129]

[0.128]***

[0.000]

Obs.

548

548

548

548

548

559

559

414

247

247

281

281

R-squared

0.09

0.10

0.10

0.10

0.10

0.02

0.05

0.51

0.14

Firm fixed effect

Y

Y

Arellano Bond

Y

Y

ARII

-0.07

-0.17

P-value)

(0.942)

(0.861)

Hansen- Sargan test

24.01

23.97

2.207

(P-value)

(0.021)

(0.019)

(0.137)

Hansen J

1.380

(P-value)

(0.240)

Notes: Robust standard errors in brackets, a)Errors are clustered at the industry-year level.
* significant at 10%; ** significant at 5%; *** significant at 1%

All the estimations include year sector, size and location controls .

21



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