Table 5 Heterogeneity test.
From: How ESG accelerates the industrial robot applications in manufacturing
Variables | (1) | (2) | (3) | (4) |
---|---|---|---|---|
High-tech | Non-high-tech | High-pollution | Non-high-pollution | |
\(esg\) | 0.059 | 0.139*** | 0.158*** | 0.060 |
(0.045) | (0.043) | (0.045) | (0.042) | |
\(\_cons\) | 1.911*** | 1.665*** | 1.798*** | 1.825*** |
(0.057) | (0.054) | (0.059) | (0.053) | |
City FE | YES | YES | YES | YES |
Year FE | YES | YES | YES | YES |
Obs | 3659 | 4797 | 4138 | 4318 |
R-squared | 0.143 | 0.139 | 0.127 | 0.137 |