Table 9.
Impact of ECO on carbon emissions: regional level.
| Variable | China’s Four Major Regions | |||
|---|---|---|---|---|
| Eastern | Central Region | Western | Northeast | |
| ECO | 3.911 *** | 0.516 | −0.636 | 5.010 *** |
| (4.558) | (0.746) | (−1.470) | (2.637) | |
| GEN | 21.998 *** | 2.289 | −3.008 | 24.449 ** |
| (4.726) | (0.491) | (−1.435) | (2.251) | |
| ECO*GEN | 5.765 *** | 0.628 | −1.607 ** | 6.754 ** |
| (4.640) | (0.610) | (−2.497) | (2.379) | |
| W*ECO | −4.763 *** | −2.021 *** | −0.814 | −3.826 * |
| (-5.177) | (−2.679) | (−1.581) | (−1.781) | |
| W*GEN | −19.687 *** | −17.664 *** | −10.580 *** | −27.419 *** |
| (-3.971) | (−3.094) | (−4.177) | (−2.631) | |
| W* ECO*GEN | −7.056 *** | −3.689 *** | −2.728 *** | −7.874 ** |
| (-5.105) | (−3.017) | (−3.395) | (−2.570) | |
| W*CO2 | 0.569 *** | −0.315 * | 0.374 *** | −0.236 ** |
| (7.724) | (−1.609) | (4.578) | (−2.442) | |
| Model | SSDM | SSDM | SSDM | SSDM |
| Weight matrix | K4 | K4 | Q1 | K1 |
| Period fixed effects | YES | YES | YES | YES |
| Space fixation effect | YES | YES | YES | YES |
| R2 | 0.572 | 0.852 | 0.984 | 0.880 |
| log-likelihood | −814,006.6 | −49,315.969 | −33,139.449 | NaN |
Note: * indicates significant at the 10% level; ** indicates significant at the 5% level; *** indicates significant at the 1% level; S indicates a static panel model in the model, and D indicates a dynamic panel model.