Table 9.
Lower quantile | Median quantile | Upper quantile | |||||||
---|---|---|---|---|---|---|---|---|---|
Q1 | Q2 | Q3 | Q4 | Q5 | Q6 | Q7 | Q9 | Q9 | |
lnENVTAX | − 0.059*** | − 0.047*** | − 0.044*** | − 0.040*** | − 0.027*** | − 0.031*** | − 0.035*** | − 0.029*** | − 0.024** |
(− 5.27) | (− 4.42) | (− 5.53) | (− 4.65) | − 3.45 | − 3.81 | − 6.18 | − 3.8 | − 2.53 | |
lnPOP | 0.002** | 0.003*** | 0.004*** | 0.005*** | 0.005*** | 0.005*** | 0.005*** | 0.003*** | 0.003*** |
(− 2.13) | (− 4.00) | (− 6.24) | (− 6.93) | (− 8.06) | (− 7.76) | (− 10.72) | (− 5.24) | (− 3.79) | |
lnUR | 0.012*** | 0.012*** | 0.012*** | 0.013*** | 0.013*** | 0.013*** | 0.014*** | 0.014*** | − 0.014*** |
(− 13.77) | (− 14.92) | (− 20.88) | (− 20.40) | (− 21.88) | (− 22.05) | (− 31.96) | (− 23.78) | (− 19.27) | |
lnREN | − 0.194*** | − 0.208*** | − 0.193*** | − 0.174*** | − 0.170*** | − 0.179*** | − 0.171*** | − 0.134*** | − 0.098*** |
(− 5.88) | (− 6.66) | (− 8.28) | (− 6.79) | (− 7.26) | (− 7.56) | (− 10.18) | (− 6.01) | (− 3.48) | |
lnACT | − 0.109*** | − 0.094*** | − 0.086*** | − 0.060*** | − 0.085*** | − 0.074*** | − 0.062*** | − 0.099*** | 0.099*** |
(− 4.10) | (− 3.77) | (− 4.59) | (− 2.90) | (− 4.50) | (− 3.88) | (− 4.61) | (− 5.54) | (− 4.36) | |
Constant | 1.381*** | 1.528*** | 1.602*** | 1.750*** | 1.714*** | 1.771*** | 1.822*** | 1.663*** | 1.670*** |
(− 9.87) | (− 11.55) | (− 16.22) | (− 16.10) | (− 17.29) | (− 17.61) | (− 25.50) | (− 17.64) | (− 13.92) |
***, **, and * denote the significance at 1%, 5%, and 10% level, respectively