Table 4: Robustness II - Medium-term TFP Losses 2015-2017. Adding machinery investment loss and price of machinery with other variables simultaneously				
	(1)	(2)	(3)	(4)
VARIABLES	Model 1	Model 2	Model 3	Model 4
				
i_loss_ave	0.258**	0.262**	0.281**	0.243*
	(0.112)	(0.112)	(0.129)	(0.127)
forecast_y_loss	0.738**	0.740***	0.286	0.295
	(0.282)	(0.282)	(0.330)	(0.326)
cp_loss_ave	-0.111		0.0841	
	(0.227)		(0.256)	
cp_loss_ave_f7		-0.0107		-0.0636
		(0.0517)		(0.0527)
wui			0.398**	0.428**
			(0.175)	(0.175)
Constant	-0.0236	-0.0231	-0.0300	-0.0389
	(0.0324)	(0.0326)	(0.0378)	(0.0379)
				
Observations	106	106	82	82
R-squared	0.244	0.243	0.220	0.233
Standard errors in parentheses				
*** p<0.01, ** p<0.05, * p<0.1				
