MIT Press

Table 5.

The Effects of Computer Use on the Quality of Growth among Newly Opened Firms

	R&D Intensity (1)	Share of New Products (2)	TFP (3)	Labor Productivity (4)
Panel A
Computer use	0.014^**	0.008^**	0.002^**	1.677^***
	(0.007)	(0.005)	(0.001)	(0.338)
Observations	9,676	9,676	8,371	9,675
R²	0.158	0.088	0.133	0.140
Panel B
Personal computer use	0.017^**	0.007^***	0.003^*	1.590^**
	(0.009)	(0.002)	(0.002)	(0.349)
Observations	9,676	9,676	8,371	9,675
R²	0.161	0.088	0.133	0.140
Control variables	Yes	Yes	Yes	Yes
City fixed effects	Yes	Yes	Yes	Yes
Industry fixed effects	Yes	Yes	Yes	Yes
Ownership fixed effects	Yes	Yes	Yes	Yes

	R&D Intensity (1)	Share of New Products (2)	TFP (3)	Labor Productivity (4)
Panel A
Computer use	0.014^**	0.008^**	0.002^**	1.677^***
	(0.007)	(0.005)	(0.001)	(0.338)
Observations	9,676	9,676	8,371	9,675
R²	0.158	0.088	0.133	0.140
Panel B
Personal computer use	0.017^**	0.007^***	0.003^*	1.590^**
	(0.009)	(0.002)	(0.002)	(0.349)
Observations	9,676	9,676	8,371	9,675
R²	0.161	0.088	0.133	0.140
Control variables	Yes	Yes	Yes	Yes
City fixed effects	Yes	Yes	Yes	Yes
Industry fixed effects	Yes	Yes	Yes	Yes
Ownership fixed effects	Yes	Yes	Yes	Yes

R&D = research and development, TFP = total factor productivity.

Notes: Robust standard errors reported in parentheses are clustered at the city level. The coefficients and standard errors for control variables are not presented to save space. ^***, ^**, and ^* denote significance at the 1%, 5%, and 10% level, respectively.

Source: Author's calculations based on National Bureau of Statistics of China. 1998–2008. “Chinese Industrial Enterprises Database.”

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