Table 3.
Impact of HSR openings on urban green total factor productivity: DID test.
| Variables | Urban Green Total Factor Productivity(GTFP) |
|||||
|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | |
| HSR×before1 | −0.0032 (−0.2244) |
−0.0008 (−0.6531) |
||||
| HSR×before2 | −0.0012 (−0.8008) |
−0.0080 (−0.5508) |
||||
| HSR×post | 0.0125⁎⁎⁎ (4.6685) |
0.0711⁎⁎⁎ (6.0494) |
||||
| HSR×post1 | 0.0044⁎⁎⁎ (4.3743) |
0.0777⁎⁎⁎ (5.8083) |
||||
| HSR×post2 | 0.0040⁎⁎⁎ (6.2429) |
0.0664⁎⁎⁎ (5.5514) |
||||
| HSR×post3 | 0.0206⁎⁎⁎ (5.0474) |
0.0671⁎⁎⁎ (4.6600) |
||||
| FDI | −0.0094⁎⁎ (−2.1349) |
−0.0186⁎⁎ (−2.0636) |
−0.7346⁎⁎ (−2.2196) |
|||
| ind | 0.1099⁎⁎⁎ (6.1607) |
0.1515⁎⁎⁎ (5.2103) |
0.5240⁎⁎⁎ (4.1641) |
|||
| road | 0.0218⁎⁎⁎ (5.8258) |
0.0382⁎⁎⁎ (4.3365) |
0.0280⁎⁎⁎ (6.3732) |
|||
| AEG | 0.0013⁎⁎⁎ (6.3106) |
0.0035⁎⁎⁎ (4.5530) |
0.0228⁎⁎⁎ (5.3567) |
|||
| Gov | 0.0633⁎⁎⁎ (3.4495) |
0.0314⁎⁎⁎ (4.5163) |
0.0861⁎⁎⁎ (4.5830) |
|||
| poe | −0.0467 (−1.0754) |
−0.1305 (−0.9744) |
−0.0774 (−0.6291) |
|||
| PGDP | 0.0419⁎⁎⁎ (4.2078) |
0.0308⁎⁎⁎ (5.7704) |
0.0104⁎⁎⁎ (4.2080) |
|||
| Cons | 0.0301 (1.0156) |
0.1776 (0.5478) |
0.0029 (0.2548) |
0.3863 (0.8846) |
0.1637 (0.9523) |
0.0569 (0.7260) |
| Year | Yes | Yes | Yes | Yes | Yes | Yes |
| City | Yes | Yes | Yes | Yes | Yes | Yes |
| N | 4560 | 4560 | 4560 | 4560 | 4560 | 4560 |
| R2(Within) | 0.5003 | 0.6023 | 0.6586 | 0.5061 | 0.6527 | 0.5892 |
*, **, and *** denote significance levels of 10%, 5%, and 1%, respectively; t-values are in parentheses. Year denotes time fixed effects and city denotes city fixed effects.