Research Article
Improvement of Different Types of Environmental Regulations on Total Factor Productivity: A Threshold Effect Analysis
Table 7
Impact of market incentive environmental regulation on the TFP.
| | Model 3 | Coefficients | Model 4 | Coefficients |
| | LnFDI_HER < 1.0063 | 0.1151 (2.9793) | LnFIN_HER < 1.0337 | −0.0633 (−2.1110) | | LnFDI_HER > 1.0063 | −0.0401 (−1.0016) | LnFIN_HER > 1.0337 | 0.0234 (1.8214) | | LnSTR | 0.2370 (1.4877) | LnSTR | 0.0492 (1.5538) | | LnRD | 0.1102 (1.7709) | LnRD | 0.2201 (3.3378) | | LnRFIN | −0.0740 (−2.9112) | LnRFIN | −0.0220 (−0.7221) | | LnHER × LnRD | 0.0074 (2.0095) | LnHER × LnRD | 0.0088 (4.5018) | | Number of bootstraps | 2000 | Number of bootstraps | 2000 |
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Note. , , and represent significance levels of 1%, 5%, and 10%, respectively; t values are shown in parentheses. |
