Table 10 Robustness tests with the Causal Mediation Analysis.
From: Poison or catalyst? How do energy saving targets matter for firm-level productivity in China
Variables | marketshare | TFP_LP |
|---|---|---|
Model 38 | Model 39 | |
target | 0.2483*** | 0.0124*** |
(0.0044) | (0.0017) | |
target2 | −0.0007*** | −0.0002*** |
(0.0000) | (0.0000) | |
marketshare | 0.1302*** | |
(0.0036) | ||
Control | YES | YES |
Constant | −0.1733 | 2.1964*** |
(0.1133) | (0.0463) | |
year | YES | YES |
industry | YES | YES |
province | YES | YES |
N | 21334 | 21334 |
R-sq | 0.2653 | 0.7388 |
ACME | 0.0325 [0.0292–0.0358] | |
Direct Effect | 0.0123 [0.0090–0.0157] | |
Total Effect | 0.0447 [0.0404–0.0491] | |
% of Tot Eff mediated | 0.7238 [0.6609–0.8028] | |
