Table 9 Coupling effect of heterogeneous formal environmental regulation on industrial green and low-carbon transformation.
Variables | (1) lnLGL | (2) lnLGL | (3) lnLGL | (4) lnLGL | (5) lnLGL | (6) lnLGL | (7) lnLGL |
|---|---|---|---|---|---|---|---|
L.lnLGL | 0.701*** (25.360) | 0.741*** (32.445) | 0.687*** (27.063) | 0.686*** (21.209) | 0.681*** (21.405) | 0.700*** (24.812) | 0.698*** (27.916) |
lnci | 0.115*** (3.904) | 0.096*** (4.713) | 0.088*** (4.415) | ||||
lncc | 0.038*** (3.975) | 0.082*** (6.665) | 0.066*** (1.253) | ||||
lnbi | 0.081 (0.646) | 0.080 (1.189) | 0.068 (1.450) | ||||
lncci | 0.015*** (3.306) | ||||||
Control | YES | YES | YES | YES | YES | YES | YES |
Constant | − 1.219*** (− 10.976) | − 1.148*** (− 11.793) | − 1.206*** (− 11.896) | − 1.237*** (− 11.231) | − 1.256*** (− 9.890) | − 1.208*** (− 11.233) | − 1.199*** (− 11.235) |
AR (2) | 0.411 | 0.359 | 0.464 | 0.329 | 0.219 | 0.451 | 0.419 |
Sargan | 0.601 | 0.854 | 0.358 | 0.679 | 0.334 | 0.298 | 0.601 |
Observations | 720 | 720 | 720 | 720 | 720 | 720 | 720 |
