Table 5.
The Influence mechanism of EV sales on CO2 emissions.
| Explained variables: LnCO2 in columns (2), (4), and (6), while LnShare, LnElectric, and LnPatent in columns (1), (3), and (5) respectively | ||||||
|---|---|---|---|---|---|---|
| Variable | Substitution effect |
Energy consumption effect |
Technological effect |
|||
| (1) | (2) | (3) | (4) | (5) | (6) | |
| LnEV | 0.0136*** | −0.033*** | 0.041*** | −0.028* | 0.217*** | −0.037** |
| (9.29) | (-2.94) | (3.73) | (-1.69) | (13.73) | (-2.12) | |
| LnShare | −0.707*** | |||||
| (-3.05) | ||||||
| LnElectric | 0.317*** | |||||
| (3.86) | ||||||
| LnPatent | −0.132*** | |||||
| (-4.54) | ||||||
| LnGDP | 0.003 | −0.663*** | 0.640*** | −0.657*** | 1.024*** | 0.421*** |
| (0.01) | (-10.05) | (14.39) | (-9.93) | (5.76) | (4.25) | |
| LnOpen | 0.009*** | −0.651** | 0.032*** | −0.010 | −0.038 | −0.071*** |
| (3.5) | (-2.18) | (2.82) | (-0.56) | (-1.29) | (-3.64) | |
| LnES | −0.248 | 0.651*** | 0.154*** | 0.554*** | 0.143* | 0.393*** |
| (-1.64) | (10.42) | (3.97) | (5.96) | (1.67) | (8.42) | |
| LnInd | 0.044*** | −0.620*** | 0.206*** | −0.639*** | 0.652*** | −0.671*** |
| (4.28) | (-9.57) | (5.19) | (-9.94) | (4.24) | (-9.59) | |
| LnDensity | 0.442 | 0.299*** | 0.408*** | 0.292*** | 0.477 | −0.337*** |
| (0.55) | (5.20) | (3.16) | (-5.36) | (1.05) | (-5.79) | |
| Urban | 0.500** | −1.05*** | 0.585*** | −0.875** | −0.080 | 0.085 |
| (2.12) | (-6.82) | (6.66) | (-5.40) | (-0.31) | (0.35) | |
| Observations | 550 | 550 | 550 | 550 | 550 | 550 |
| R2 | 0.215 | 0.580 | 0.894 | 0.633 | 0.728 | 0.574 |
| F | 20.8 | 100.8 | 348.97 | 94.75 | 262.94 | 43.45 |