Table 4 Robustness.

From: Impact of land prices on corporate carbon emission intensity

Variables

(1)

(2)

(3)

(4)

(5)

(6)

CEI_revenue

CEI_concentration

CEI_energy

CEI

CEI

CEI

Price

0.303***

0.100***

0.187**

0.149***

0.216**

0.240***

(0.0412)

(0.00159)

(0.0816)

(0.0463)

(0.0965)

(0.0239)

Controls

Yes

Yes

Yes

Yes

Yes

Yes

Firm FE

Yes

Yes

Yes

Yes

Yes

Yes

Year FE

Yes

Yes

Yes

Yes

Yes

Yes

Robust

Yes

Yes

Yes

Yes

Yes

Yes

Observations

12,729

12,731

445

5611

3215

12,742

R-squared

0.188

0.718

0.213

0.169

0.208

0.139

  1. Firm FE represents firm fixed effects, Year FE represents year fixed effects, and Robust represents adopting clustered robust standard errors.
  2. ***p < 0.01, **p < 0.05, *p < 0.1.
  3. CEI represents Carbon Emission Intensity (Log(1 + Carbon emission/Value added)), CEI_revenue represents carbon emission intensity measured using main business revenue; CEI_concentration denotes carbon emission intensity estimated based on the atmospheric CO2 concentration within a 1 km radius around the firm; CEI_energy indicates carbon emission intensity calculated using energy input.
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