Table 2.

The impact of STFP on carbon emission.

	(1)	(2)	(3)	(4)
	$lncb$	$lncb$	$lncb$	$lncb$
$ty$	−0.135 ***	−0.071 ***
	(0.011)	(0.007)
$ty07$				0.008
				(0.018)
$ty08$				0.005
				(0.018)
$ty09$				−0.018
				(0.018)
$ty10$				−0.004
				(0.018)
$ty11$				−0.029
				(0.018)
$ty12$			−0.024 *	−0.031 *
			(0.014)	(0.018)
$ty13$			−0.072 ***	−0.078 ***
			(0.014)	(0.018)
$ty14$			−0.076 ***	−0.082 ***
			(0.014)	(0.018)
$ty15$			−0.083 ***	−0.089 ***
			(0.014)	(0.018)
$ty16$			−0.083 ***	−0.089 ***
			(0.014)	(0.018)
$ty17$			−0.092 ***	−0.099 ***
			(0.014)	(0.018)
$lngdp$		−0.723 ***	−0.719 ***	−0.717 ***
		(0.013)	(0.013)	(0.013)
$hum$		0.034	0.037	0.039
		(0.138)	(0.137)	(0.137)
$urban$		−0.064 *	−0.054	−0.051
		(0.034)	(0.034)	(0.034)
$finan$		0.042 ***	0.042 ***	0.042 ***
		(0.004)	(0.004)	(0.004)
$edu$		1.097 ***	1.104 ***	1.107 ***
		(0.320)	(0.319)	(0.320)
$inter$		0.021 **	0.018 **	0.018 **
		(0.008)	(0.008)	(0.008)
_$cons$	7.545 ***	19.149 ***	19.076 ***	19.048 ***
	(0.002)	(0.213)	(0.213)	(0.214)
Time effect	Yes	Yes	Yes	Yes
City effect	Yes	Yes	Yes	Yes
$N$	3288	3288	3288	3288
$R-sq$	0.962	0.985	0.985	0.985

Note: Standard errors are in parentheses, and ***, **, * denote significance at the levels of 1%, 5%, and 10%, respectively.