Table 2 Benchmark regression analysis.

From: Exploring how green location-oriented industrial policies promote urban energy efficiency: evidence from National eco-industrial demonstration parks in China

 

(1)

(2)

(3)

(4)

etfp

etfp

etfp

etfp

nedp

1.8404***

(0.1622)

0.9291***

(0.2380)

0.8943***

(0.1351)

0.5644***

(0.1985)

pgdp

  

0.2120***

(0.0253)

0.2422***

(0.0891)

fina

  

−0.0564

(0.0455)

−0.2732**

(0.1216)

scale

  

−0.0991**

(0.0425)

0.7962

(0.5899)

spe

  

0.7405***

(0.2868)

−1.4955*

(0.7778)

nfor

  

0.1151***

(0.0271)

−0.1446*

(0.0801)

_cons

1.6646***

(0.0200)

1.0767***

(0.0737)

−0.6975**

(0.2790)

2.6900**

(1.1470)

Individual-fixed effect

NO

YES

NO

YES

time-fixed effect

NO

YES

NO

YES

P-value for Hausman’s test

  

0.0000

N

3136

3136

3136

3136

R2

0.142

0.174

0.248

0.239

  1. Notes: Standard errors in parentheses * p < 0.10, ** p < 0.05, *** p < 0.01;The robust standard errors are clustered in parentheses.