Table 4 Robustness analyses: Alternative indicator.

From: Assessing the impact of the eco-environmental damage compensation system

Variables

(1)

(2)

Treat × post

 − 1.318

 − 1.458***

(5.8147)

(0.1341)

Constant

55.770***

46.784***

(3.8455)

(8.4656)

Controls

No

Yes

Year FE

Yes

Yes

Individual FE

Yes

Yes

Province × year

Yes

Yes

Observations

2547

2547

R-squared

0.862

0.862

  1. Data in parentheses in the table are standard errors.
  2. *p < 0.1, **p < 0.05, ***p < 0.01; Robust standard errors are clustered at the city-level.