Table 2 Main results on the effects of the EDCS.
From: Assessing the impact of the eco-environmental damage compensation system
Variables | Static effect | Dynamic effect | ||
|---|---|---|---|---|
(1) | (2) | (3) | (4) | |
Treat × post | 0.441*** | 0.483*** | ||
(0.0000) | (0.1544) | |||
Treat × year2016 | 88.801*** | 72.562*** | ||
(0.0000) | (4.9234) | |||
Treat × year2017 | 0.035 | 0.121 | ||
(.) | (0.0895) | |||
GDP | 1.904*** | 1.904*** | ||
(0.6384) | (0.6384) | |||
Structure | − 0.058* | − 0.058* | ||
(0.0316) | (0.0316) | |||
Elect | − 0.419** | − 0.419** | ||
(0.1832) | (0.1832) | |||
Park | 1.465*** | 1.465*** | ||
(0.4434) | (0.4434) | |||
Constant | 11.132*** | − 34.174*** | 11.222*** | 1.904*** |
(0.2197) | (12.0919) | (0.2197) | (0.6384) | |
Year FE | Yes | Yes | Yes | Yes |
Individual FE | Yes | Yes | Yes | Yes |
Province × year | Yes | Yes | Yes | Yes |
Observations | 2547 | 2547 | 2547 | 2547 |
R-squared | 0.466 | 0.545 | 0.466 | 0.545 |
