Table 4 Robustness checks 3: Excluding confounding effects from emission trading schemes & low-carbon city pilots policy
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
excl. SETS | excl. CETS | excl. low-carbon city pilots | ||||
CO2/GDP | CO2/GDP | CO2/GDP | CO2/GDP | CO2/GDP | CO2/GDP | |
DIGIT | −0.9290** | −0.5132* | −0.9588** | −0.5031*** | −0.9089** | −0.4909*** |
(0.3479) | (0.2285) | (0.3171) | (0.1490) | (0.3032) | (0.1178) | |
Ind | −0.7196*** | −0.7576*** | −0.6208*** | |||
(0.1315) | (0.1279) | (0.1380) | ||||
Pop | −0.1372** | −0.1608*** | −0.1276** | |||
(0.0534) | (0.0477) | (0.0471) | ||||
Urban | 0.1750* | 0.0782 | 0.1760** | |||
(0.0858) | (0.0671) | (0.0647) | ||||
Fis | 0.3142* | 0.3369* | 0.2848* | |||
(0.1458) | (0.1516) | (0.1346) | ||||
Ele | −0.0193 | 0.0015 | 0.0009 | |||
(0.0146) | (0.0144) | (0.0179) | ||||
Open | 0.1908** | 0.1946** | 0.2150*** | |||
(0.0604) | (0.0614) | (0.0616) | ||||
Tech | −0.0068 | −0.0035 | −0.0047 | |||
(0.0056) | (0.0047) | (0.0051) | ||||
_cons | 0.6137*** | 4.6842*** | 0.6269*** | 4.7342*** | 0.6147*** | 3.9224*** |
(0.0909) | (0.7411) | (0.0810) | (0.7471) | (0.0774) | (0.7723) | |
City Fixed Effect | YES | YES | YES | YES | YES | YES |
Year Fixed Effect | YES | YES | YES | YES | YES | YES |
N | 1719 | 1719 | 2274 | 2274 | 1745 | 1745 |
R2_a | 0.955 | 0.972 | 0.962 | 0.975 | 0.969 | 0.980 |