Table 4 TCEE mechanism.

From: The chain reaction of carbon emission trading policy in efficiency and rebound: evidence from spatial perspective in China

Variable

ER

ER

Coefficient

t-Statistic

Coefficient

t-Statistic

test

0.0001***

4.2237

0.0001***

4.0883

TCEE

  

0.0426***

4.3355

EDP

−0.0011

−1.6295

−0.0026***

−3.5351

IS

0.0037***

2.8305

0.0041***

3.2027

FDI

−0.0026***

−2.9385

−0.0031***

−3.5816

HC

−0.0001

−0.9064

−0.0002

−1.4865

TW*test

0.0004***

5.3169

0.0004***

4.8842

TW*TCEE

  

−0.0635**

−2.0402

TW* EDP

0.0051***

4.3061

0.0072***

4.7856

TW*IS

−0.0204***

−8.3130

−0.0197***

−8.2214

TW* FDI

0.0104***

3.7629

0.0091***

2.9203

TW*HC

−0.0000

−0.0944

−0.0000

−0.0155

Cons.

0.0005***

3.1091

0.0005***

3.4568

W*dep.var.

0.8890***

25.2304

0.9190***

36.7551

R-squared

0.4041

 

0.4401

 

N

330

 

330

 
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