	(1)	(2)	(3)	(4)	(5)	(6)
	chan1	chan2	chan3	chan4	chan5	chan6
VARIABLES	lndiversity2	lndiversity2	lndiversity2	lndiversity2	lndiversity2	lndiversity2
						
treat_year03	-0.0470	-0.0447	-0.0432	-0.0512	-0.0357	-0.0258
	(0.0359)	(0.0327)	(0.0321)	(0.0366)	(0.0343)	(0.0342)
lnage			0.1206***	0.1284***	0.1275***	0.1267***
			(0.0130)	(0.0147)	(0.0146)	(0.0153)
lnsize			0.1461***	0.1550***	0.1563***	0.1578***
			(0.0110)	(0.0113)	(0.0112)	(0.0117)
lnlabor			0.0217***	0.0153**	0.0169***	0.0188***
			(0.0056)	(0.0062)	(0.0064)	(0.0065)
profit				0.1080***	0.1083***	0.0990***
				(0.0267)	(0.0268)	(0.0288)
lngdp				-0.0005	-0.0006	-0.0022
				(0.0086)	(0.0086)	(0.0088)
openness				0.0079	0.0282	0.0858*
				(0.0182)	(0.0191)	(0.0466)
lnpeople				0.0148	0.0166	0.0245
				(0.0162)	(0.0161)	(0.0170)
lnrailway					0.0427	0.0454
					(0.0502)	(0.0524)
lnhighway					-0.1616***	-0.1769***
					(0.0551)	(0.0555)
Constant	1.3950***	1.3943***	-0.5942***	-0.7677***	0.6517	0.6817
	(0.0148)	(0.0135)	(0.1259)	(0.1499)	(0.6389)	(0.6451)
						
Observations	159,249	159,200	149,937	128,742	128,742	119,894
R-squared	0.803	0.807	0.811	0.813	0.813	0.812
Robust standard errors in parentheses						
*** p<0.01, ** p<0.05, * p<0.1						
