Evaluating the CO2 abatement effects of low-carbon city policy in China: a quasi-natural experiment

Energy Informatics

Table 3 Results of the benchmark model

	Model (1)	Model (2)	Model (3)	Model (4)	Model (5)	Model (6)	Model (7)
du × dt	0.0104^**	0.0086^**	0.0090^**	0.0109^**	0.0092^**	0.0103^**	0.0103^**
du × dt	(0.0045)	(0.0044)	(0.0044)	(0.0044)	(0.0043)	(0.0043)	(0.0043)
pctgdp		0.1287^***	0.1571^***	0.1572^***	0.1934^***	0.2275^***	0.2265^***
pctgdp		(0.0084)	(0.0098)	(0.0098)	(0.0106)	(0.0108)	(0.0108)
fisdec			0.0656^***	0.0300^**	0.0435^***	0.0645^***	0.0629^***
fisdec			(0.0119)	(0.0150)	(0.0149)	(0.0148)	(0.0148)
forinv				0.2872^***	0.3609^***	0.4018^***	0.4111^***
forinv				(0.0737)	(0.0735)	(0.0723)	(0.0724)
indsru					−0.2195^***	−0.2461^***	− 0.2484^***
indsru					(0.0263)	(0.0260)	(0.0260)
popden						0.2568^***	0.2602^***
popden						(0.0220)	(0.0221)
infras							0.0074^**
infras							(0.0034)
Constant	0.6905^***	0.7041^***	0.7002^***	0.6954^***	0.7956^***	1.7176^***	1.7201^***
Constant	(0.0041)	(0.0040)	(0.0041)	(0.0042)	(0.0127)	(0.0800)	(0.0800)
City FE	YES	YES	YES	YES	YES	YES	YES
Year FE	YES	YES	YES	YES	YES	YES	YES
Obs	3948	3948	3948	3948	3948	3948	3948
R²	0.256	0.301	0.307	0.310	0.323	0.347	0.348
F	89.7385	104.9396	101.0747	96.3935	96.6056	102.0759	97.3081

Notes: (1) ***, **, * indicate that the levels of significance are at 1%, 5% and 10%, respectively
(2) Figures in the parentheses are standard errors