Table 3 Impacts of the ETS on CE and CI.
Variable name | lnCEa | lnCIa | lnCEb | lnCIb | ||||
|---|---|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
\(DI{D}_{pilotETS}\) | −0.3246*** (0.0594) | −0.1506** (0.0661) | −0.3409*** (0.0602) | −0.1660** (0.0662) | ||||
\(pos{t}_{nationalETS}\) | 0.3105*** (0.0210) | 0.1970*** (0.0255) | −0.1241*** (0.0274) | 0.1967*** (0.0252) | ||||
Control variable | NO | YES | NO | YES | NO | YES | NO | YES |
Province fixed effect | YES | YES | YES | YES | YES | YES | YES | YES |
Year fixed effect | YES | YES | YES | YES | NO | NO | NO | NO |
Constant | 5.6496*** (0.0151) | 10.5305** (4.1933) | 0.4427*** (0.0153) | 18.5680*** (4.1982) | 4.7459*** (0.0097) | 1.3362 (2.1926) | −0.3707*** (0.0127) | 10.5017*** (2.1689) |
Sample size | 420 | 420 | 420 | 420 | 420 | 420 | 420 | 420 |
R2 | 0.9297 | 0.9446 | 0.9381 | 0.9524 | 0.9624 | 0.9724 | 0.9151 | 0.9641 |
