Table 2 Dynamic effects of the opening of the CR express service on city GTFP - parallel trend assumption test regression results.

From: Can international railway express improve green total factor productivity?

 

α−2

α−1

α0

α1

α2

GTFP

−0.008 (−0.52)

−0.005 (−0.34)

0.028* (1.80)

0.028* (1.84)

0.024* (1.85)

Intercept

−1.755*** (−3.39)

−1.764*** (−3.41)

−1.682*** (−3.76)

−1.765*** (−3.42)

−3.470*** (−3.07)

Control variables

YES

YES

YES

YES

YES

Year fixed effect

YES

YES

YES

YES

YES

City fixed effect

YES

YES

YES

YES

YES

Observations

516

516

516

516

516

R2

0.312

0.311

0.306

0.316

0.339

  1. The values in parentheses are t-values, *, **, *** represent significance levels of 10%, 5%, and 1% respectively.