Table 1 Baseline regression: environmental policy effects.

From: Unleashing green technology innovation in agribusiness: traditional environmental regulations, carbon trading, or synergies?

Variables

FE model

SDM-SDID

Direct effects

Spillover effects

 

P-P

NP-P

CER

−0.175** (0.0770)

−0.278*** (0.0983)

0.559** (0.284)

MER

0. 873*** (0.226)

0.8702*** (0.223)

0.921 (1.238)

VER

0.0968*** (0.0261)

0.0961*** (0.0259)

−0.0397 (0.0964)

CET

0.198*** (0.0477)

0.123** (0.0534)

−0.252* (0.141)

−0.181 (0.157)

R-squared

0.2615

0.0919

Log-likehood

–

−2002.527

Rho

–

0.0778*(0.0468)

Observations

3150

3150

Controls

YES

YES

Ind FE

YES

YES

Year FE

YES

YES

  1. Standard errors in parentheses.
  2. ***p < 0.01, **p < 0.05, *p < 0.1.
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