Table 9.
Effects on emissions per value added and output, controlling for sector structure, using Kyoto but same sample as if CO2 index was used
| Dependent variable | EIVA | EID | EI exports | EI exports |
|---|---|---|---|---|
| Equation number | (5) | (6) | (7) | (8) |
| ln(income) | − 0.701*** | − 0.757*** | − 0.743*** | − 0.640*** |
| (0.050) | (0.025) | (0.025) | (0.012) | |
| ln(income)2 | − 0.009 | 0.002 | 0.028*** | - |
| (0.011) | (0.006) | (0.006) | ||
| Rents coal | 0.001 | 0.007 | 0.037** | 0.011 |
| (0.027) | (0.013) | (0.016) | (0.008) | |
| Rents oil | 0.008 | 0.004 | 0.018*** | 0.021*** |
| (0.011) | (0.005) | (0.005) | (0.005) | |
| Rents gas | − 0.010 | − 0.013** | − 0.010* | − 0.018*** |
| (0.012) | (0.006) | (0.005) | (0.005) | |
| Trade | − 0.268 | − 0.143 | − 0.099 | − 0.328*** |
| (0.183) | (0.091) | (0.069) | (0.032) | |
| Kyoto | − 0.091*** | − 0.070*** | − 0.063*** | − 0.047*** |
| (0.032) | (0.016) | (0.016) | (0.010) | |
| Country FE | YES | YES | YES | YES |
| Partner-year FE | NO | NO | NO | YES |
| Sector-year FE | YES | YES | NO | NO |
| Year FE | NO | NO | YES | NO |
| Weights | YES | YES | YES | YES |
| N | 17,420 | 17,851 | 525 | 8922 |
| R2 | 0.644 | 0.301 | 0.985 | 0.971 |
| R2 within | 0.008 | 0.001 | 0.024 | 0.022 |
Note: Standard errors in parentheses. */**/***: significant at 10/5/1%. All regressions are weighted by VA, output, or exports