Table 4.
Panel regression empirics
| Variables | Pooled OLS | Quantile regression | Fixed effects |
|---|---|---|---|
| Temperature |
− 1.7816** [2.480] |
− 2.644*** [-9.450] |
− 1.795*** [-8.930] |
| PM2.5 |
0.3181** [2.2100] |
0.049** [0.300] |
0.210** [1.600] |
| Constant |
9.0463** [3.570] |
12.889*** [13.790] |
9.472*** [13.240] |
| R2 | 0.110 | 0.122 | 0.129 |
| Observations | 560 | 560 | 560 |
Note: The symbols *, **, and *** denote the significance level at 10%, 5%, and 1%, respectively. t-statistics of the corresponding coefficients are reflected in brackets