Table 4 Effects of TGC on REG and PREG.

From: Synergy pathway innovation of carbon emission trading, tradable green certificate and green power trading policies: achieving China’s dual carbon goals

Variable name

lnREG

lnPREG

(1)

(2)

(3)

(4)

\(pos{t}_{TGC}\)

1.7025*** (0.0622)

0.2640*** (0.0754)

0.4619*** (0.0220)

0.1174*** (0.0349)

Control variable

NO

YES

NO

YES

Province fixed effect

YES

YES

YES

YES

Constant

3.5783*** (0.0440)

−39.1122*** (5.7443)

2.5325*** (0.0156)

0.8237 (2.6567)

Sample size

420

420

420

420

R2

0.7949

0.9247

0.7045

0.8148

  1. Standard errors are in brackets; *** indicates significant at the 1% level.