Table 7.

CO₂ export.

Variable	Electric output	Electric input
	(1)	(2)
LnEV	−0.048**	−0.060***
	(-2.21)	(-2.81)
LnGDP	−0.296***	−0.734***
	(-3.69)	(-10.44)
LnOpen	−0.076***	0.144***
	(-3.59)	(2.81)
LnES	0.145*	0.659***
	(1.82)	(11.18)
LnInd	−0.157	−0.630***
	(-1.29)	(-8.38)
LnDensity	−0.363***	0.431***
	(-3.54)	(7.64)
Urban	−0.863**	−2.933***
	(-2.39)	(-10.17)
Observations	242	308
R2	0.619	0.718
F	34.68	51.49

Notes: To keep consistent with the benchmark regression, we control the urban fixed effect and time fixed effect in the model (1–2).