Research Article

Unleashing the Casual Impact of House Prices on Air Quality: Evidence from Chinese Cities

Table 4

Mechanism regression analysis.

VariablesInvestment in real estate developmentUrban innovation and development

HP1.0223 (0.0392)0.4695 (0.0434)-1.9914 (0.1043)-0.3695 (0.1198)
PD0.4548 (0.0514)
UR1.2358 (0.5047)
IND1.8556 (0.8761)-1.1480 (1.6106)
ED0.0066 (0.0236)0.6862 (0.0983)
FID0.0689 (0.0321)0.1928 (0.0558)
ER0.2685 (0.1688)
EDU0.5409 (0.2367)
TE0.5462 (0.0652)
Time-fixed effectYesYesYesYes
Area-fixed effectYesYesYesYes
0.45720.58810.52640.7944

Note: standard error in parentheses; , , and are successively 10%, 5%, and 1% significance levels; the following table is the same.