Table 4 Benchmark regression results.

From: The impact of China pilot carbon market policy on electricity carbon emissions

Variant

CO2

CO2

(1)

(2)

\(\:DID\)

− 2658.694** (− 2.02)

− 2752.59*** (− 6.16)

Control variables

No

Yes

Province fixed effects

Yes

Yes

Year fixed effects

Yes

Yes

Sample size

540

540

R2

0.8734

0.9070

  1. *, **, and *** denote significance levels of 10%, 5%, and 1%, respectively, with t-values in parentheses. The table below is the same.
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