Table 10 Heterogeneity tests: Regulatory distance.

From: Corporate environmental publicity and green innovation: are words consistent with actions?

Variable

(1)

(2)

(3)

GTI-T

GTI-I

GTI-U

CEP

0.0252** (0.0100)

0.0192*** (0.0070)

0.0125 (0.0091)

CEP × Reg_ Dis

−0.0041* (0.0025)

−0.0050*** (0.0017)

−0.0003 (0.0023)

Reg_ Dis

0.0237** (0.0098)

0.0171*** (0.0065)

0.0117 (0.0085)

CVs

Yes

Yes

Yes

Year FE

Yes

Yes

Yes

Firm FE

Yes

Yes

Yes

N

20597

20597

20597

R2

0.720

0.629

0.664

  1. ***, **, and * suggest statistical significance at the 1%, 5%, and 10% levels, respectively. The robust standard error of each coefficient is shown in parentheses.