Table 3 Robustness test 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)

(5)

gtfpe

gtfpe

gtfpe

gtfpe

gtfpe

nedp

0.4437***

(0.1616)

0.5484***

(0.1945)

0.2793**

(0.1229)

0.5045***

(0.1791)

0.4921***

(0.1778)

dtzc

 

0.2445*

(0.1275)

   

pgdp

0.3229***

(0.0923)

0.2383***

(0.0887)

0.3139***

(0.0478)

0.1906**

(0.0733)

0.1762***

(0.0667)

fina

−0.2213*

(0.1122)

−0.2836**

(0.1237)

−0.1571

(0.1279)

−0.2178**

(0.1093)

−0.2302*

(0.1242)

scale

1.3372

(0.8396)

0.7034

(0.5568)

1.5983**

(0.7114)

0.8426

(0.7447)

0.4198

(0.3799)

spe

−1.1278

(0.7699)

−1.5144*

(0.7767)

−0.2120

(0.4772)

−1.9892**

(0.9058)

−0.9085*

(0.4965)

nfor

−0.1352*

(0.0779)

−0.1434*

(0.0788)

−0.0643

(0.0453)

−0.2944**

(0.1388)

−0.0319

(0.0414)

_cons

2.0076

(1.0081)

2.7424**

(1.1351)

0.7022

(0.6305)

4.6649**

(1.8622)

1.4052**

(0.6422)

Individual-fixed effect

YES

YES

YES

YES

YES

time-fixed effect

YES

YES

YES

YES

YES

N

3074

3136

3136

2940

2736

R2

0.2532

0.242

0.617

0.2380

0.2796

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