Table 2.
Results of the impact of the eco-civilization pilot on total factor productivity and green total factor productivity.
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| Variables | Tfp | Tfp | Gtfp | Gtfp |
| Policy | 0.1804** (1.98) | 0.3291* (1.80) | 0.0389** (2.24) | 0.0772*** (2.59) |
| Urban | −0.0114** (−2.02) | −0.4631* (−1.65) | ||
| Ind | 0.0744* (1.89) | 0.3951*** (8.13) | ||
| Fdi | 1.1366* (1.66) | 4.3655** (2.40) | ||
| Tec | 0.0035** (2.50) | 0.0047* (1.87) | ||
| Pollution | −0.4980** (−1.98) | −0.2351** (−2.11) | ||
| Constant | 1.5510*** (44.39) | 1.5906*** (8.78) | 1.5467*** (49.07) | 1.2342*** (8.07) |
| Individual fixed | YES | YES | YES | YES |
| Time fixed | YES | YES | YES | YES |
| Sample size | 480 | 480 | 480 | 480 |
| R 2 | 0.8653 | 0.8678 | 0.7026 | 0.6023 |
| F | 1.6944 | 0.7478 | 0.9643 | 0.9405 |
***, **, and * denote significant at 1, 5, and 10% significance levels respectively, t-values inside brackets.