Research Article
The Impact of Digital Economy of Resource-Based City on Carbon Emissions Trading by Blockchain Technology
Table 3
The regression results of the two stages.
| | | First stage | Second stage | | (1) digital | (2) lnintensity | (3) lnemission |
| | IV | 0.0041 | | | | (0.0002) | | |
| | Digital | | −0.2989 | −0.0102 | | | (0.0171) | (0.0036) |
| | Controls | Yes | Yes | Yes | | Constant | −6.1629 | −11.0091 | 2.2823 | | (2.7887) | (0.9249) | (0.2924) |
| | City Fe | Yes | Yes | Yes | | Year Fe | Yes | Yes | Yes | | Adjusted R2 | 0.6116 | 0.5323 | 0.1357 | | N | 1680 | 1680 | 1680 |
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