Table 2 Treatment effects on spending by POI types and EV charger types

From: Effects of electric vehicle charging stations on the economic vitality of local businesses

Dependent variable:

Spending

 

All

Restaurant

Grocery/clothing store

Hotel

Gasoline stations with convenience stores

 

(1)

(2)

(3)

(4)

(5)

(A) 2019 Sample:

Treatment effect (Level 2 chargers)

0.0013

0.0001

0.0004

-0.0087

0.0214

 

(0.0012)

(0.0016)

(0.0020)

(0.0072)

(0.0225)

 

p = 0.244

p = 0.934

p = 0.858

p = 0.225

p = 0.344

Treatment effect (DC fast chargers)

0.0028***

0.0021*

0.0021*

0.0066

0.0065

 

(0.0007)

(0.0011)

(0.0011)

(0.0059)

(0.0075)

 

p < 0.001

p = 0.0506

p = 0.0619

p = 0.265

p = 0.387

Observations

133,649

58,768

25,361

3,557

3,193

R2

0.93579

0.92946

0.94808

0.88982

0.94721

(B) 2021-2023 Sample:

Treatment effect (Level 2 chargers)

0.0019***

0.0021***

0.0019***

0.0053***

0.0101***

 

(0.0004)

(0.0005)

(0.0007)

(0.0018)

(0.0038)

 

p < 0.001

p < 0.001

p = 0.00986

p = 0.00308

p = 0.00784

Treatment effect (DC fast chargers)

-0.0003

0.0002

-0.0017

0.0043

-0.0001

 

(0.0005)

(0.0007)

(0.0011)

(0.0029)

(0.0025)

 

p = 0.534

p = 0.73

p = 0.126

p = 0.139

p = 0.955

Observations

1,235,819

625,211

187,609

30,531

39,877

R2

0.86250

0.82192

0.88485

0.77329

0.88141

  1. Note: Clustered (placekey) standard-errors reported in parentheses, and p-values from two-sided t-tests are listed under standard errors. We controlled for individual POI and county-by-month fixed effects. *p < 0.1; ***p < 0.01.