Table 3 Benchmark regression results
From: The impact of carbon emission trading policy on firms’ green innovation in China
Variable | (1) | (2) |
|---|---|---|
Gpatent | Gpatent | |
Treat × Time | 0.107*** (0.0357) | 0.136*** (0.0413) |
Age | 0.292*** (0.0614) | |
Scale | 0.209*** (0.0100) | |
Dar | − 0.015 (0.0359) | |
Roe | − 0.001 (0.0008) | |
Tat | − 0.030** (0.0127) | |
Cr | − 0.015*** (0.0051) | |
Qr | 0.015*** (0.0051) | |
Mfr | 0.002 (0.0030) | |
Constant | 0.511*** (0.0036) | − 4.894*** (0.2760) |
Firm | Yes | Yes |
Year | Yes | Yes |
Observations | 25,329 | 24,533 |
Adjust R2 | 0.705 | 0.720 |