Table 4 Mechanism 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)

regu

giovs

indust

nedp

0.2164***

(0.0439)

1.0531***

(0.1842)

0.0894***

(0.0335)

pgdp

0.0672***

(0.0205)

0.2112***

(0.0711)

0.0082

(0.0069)

fina

−0.0182

(0.0253)

0.1920*

(0.1148)

0.2720***

(0.0681)

scale

0.3890***

(0.0782)

3.3597***

(0.3940)

0.1128

(0.0957)

spe

−0.2021*

(0.1165)

−1.4125**

(0.5922)

0.8654***

(0.1385)

nfor

−0.0055

(0.0126)

−0.0823*

(0.0449)

−0.0362**

(0.0153)

_cons

0.1491

(0.1680)

−0.6525

(0.8584)

0.7122***

(0.1915)

Individual-fixed effect

YES

YES

YES

time-fixed effect

YES

YES

YES

N

3136

3136

3136

R2

0.538

0.636

0.625

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