Table 12 Market competition intensity heterogeneity analysis.
From: ESG and green innovation: nonlinear moderation of public attention
VARS | High HHI markets | Low HHI markets | ||||
|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | |
ESG | 0.0560*** | 0.213*** | −0.0886 | 0.0748*** | 0.227*** | 0.469*** |
(0.0176) | (0.0819) | (0.137) | (0.0139) | (0.0763) | (0.111) | |
Public | −0.196*** | −0.186** | 0.206*** | 0.197*** | ||
(0.0733) | (0.0742) | (0.0709) | (0.0705) | |||
ESGPublic | 0.0545*** | 0.00212 | 0.0326** | 0.143*** | ||
(0.0165) | (0.0485) | (0.0164) | (0.0403) | |||
ESGPublic2 | 0.0054 | −0.0123*** | ||||
(0.0046) | (0.0041) | |||||
Constant | −4.368*** | −3.247*** | −3.360*** | −1.833*** | −2.860*** | −2.956*** |
(0.602) | (0.682) | (0.680) | (0.462) | (0.572) | (0.572) | |
Observations | 1115 | 1115 | 1115 | 1553 | 1553 | 1553 |
R-squared | 0.288 | 0.299 | 0.300 | 0.255 | 0.267 | 0.272 |
Controls | Yes | Yes | Yes | Yes | Yes | Yes |
Ind | Yes | Yes | Yes | Yes | Yes | Yes |
Year | Yes | Yes | Yes | Yes | Yes | Yes |
