Table 12 Synergistic effect in PC and CR reduction.

From: Can place-based policy reduce carbon emissions? Evidence from industrial transformation and upgrading exemplary zone in China

 

(1)

(2)

 

PM2.5_total

PM2.5_intensity

Treat×Time

−0.0541*** (0.0151)

−0.0547*** (0.0165)

Constant

5.4673*** (0.4178)

2.6326*** (0.4551)

Controls

City FE

Year FE

N

1160

1160

R2

0.7819

0.9298

  1. Note: Standard errors in parentheses. ***p < 0.01.