Research Article

Is the High-Speed Rail Opening Environmentally Friendly? Taking the Difference-in-Differences Test in Jiangsu, China

Table 4

Counterfactual experiment results.

(1)(2)
GooddayGoodday

L2_G0.216
(0.038)
L3_G0.215
(0.038)
PGDP−0.003
(0.085)
0.049
(0.087)
PGDP2−3.00 × 10−11
(6.12 × 10−12)
−2.40 × 10−11
(5.91 × 10−12)
T3−0.028
(0.051)
−0.030
(0.051)
PI−0.055
(0.129)
−0.240
(0.132)
U0.509
(0.188)
0.443
(0.188)
FDI−0.053
(0.022)
−0.046
(0.022)
Constant6.500
(0.824)
6.872
(0.834)
Time effectControlControl
Urban effectControlControl
Within R20.3130.315
Samples234234

, , and indicate the level of significance through 1%, 5%, and 10%, respectively.