Table 1 Treatment effects on the electricity unit cost and quantity used and interactions with management

From: Management practices and manufacturing firm responses to a randomized energy audit

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

 

Log(unit cost) (ITT)

Log(quantity)

Log(unit cost)

Log(quantity)

Log(unit cost)

Log(unit cost)

Log(unit cost)

Log(unit cost) (LATE)

Treatment × after treatment

−0.08**

0.10

−0.08**

0.11

−0.05

−0.10**

−0.01

−0.18**

 

(0.04)

(0.14)

(0.04)

(0.14)

(0.03)

(0.04)

(0.03)

(0.08)

Treatment × after treatment

  

0.05+

0.06

    

× Mgmt z-score

  

(0.03)

(0.07)

    

Treatment × after treatment

    

−0.17***

   

× Bottom mgmt quartile

    

(0.08)

   

Treatment × after treatment

     

0.06

  

× Top mgmt quartile

     

(0.05)

  

Treatment × after treatment

      

−0.16***

 

× Transformer adoption

      

(0.05)

 

Month fixed effects

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Firm fixed effects

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Firms

43

43

43

43

43

43

43

43

Observations

3,602

3,602

3,602

3,602

3,602

3,602

3,602

3,602

R2

0.44

0.89

0.45

0.89

0.45

0.44

0.46

0.46

  1. Notes: this table reports the estimations of treatment effect using equations (1), (2) and (3) described in the Methods section. Standard errors are clustered at the firm level and reported in parentheses below coefficients. LATE, local average treatment effect (transformer adoption).
  2. ***p < 0.01; **p < 0.05; +p < 0.1.
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