Research Article
China’s New Environmental Protection Law and Green Innovation: Evidence from Prefecture-Level Cities
| Panel A | Variable | N | Mean | Std | Min | Median | Max |
| Ginnovation | 1798 | 0.0278 | 0.0183 | 0.0018 | 0.0240 | 0.1051 | | | Treat | 1798 | 0.4667 | 0.0000 | 1.0000 | 1.0000 | 1.0000 | | | AGDP | 1798 | 10.5683 | 0.5652 | 9.3238 | 10.5298 | 12.0075 | | | FDI | 1798 | 0.0182 | 0.0161 | 0.0002 | 0.0135 | 0.0721 | | | Struct | 1798 | 37.7214 | 8.9673 | 11.4700 | 36.7750 | 76.3500 | | | Science | 1798 | 10.1692 | 1.1721 | 7.7102 | 10.0353 | 13.4326 | | | Industry | 1798 | 6.6649 | 0.9782 | 4.3577 | 6.6425 | 8.8969 | | | POP | 1798 | 5.904 | 0.616 | 4.304 | 5.945 | 7.063 | | | PM25 | 1798 | 3.5046 | 0.4818 | 1.9671 | 3.5327 | 4.3081 | | |
| Panel B | | Ginnovation | AGDP | FDI | Struct | Science | Industry | POP | PM2.5 |
| Ginnovation | 1 | | | | | | | | AGDP | 0.135 | 1 | | | | | | | FDI | 0.021 | 0.322 | 1 | | | | | | Struct | 0.184 | 0.346 | 0.181 | 1 | | | | | Science | 0.084 | 0.642 | 0.393 | 0.431 | 1 | | | | Industry | −0.092 | 0.431 | 0.334 | 0.195 | 0.748 | 1 | | | POP | 0.023 | −0.180 | 0.002 | 0.074 | 0.390 | 0.598 | 1 | | PM25 | −0.021 | 0.032 | 0.260 | −0.095 | 0.265 | 0.502 | 0.425 | 1 |
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, , and indicate statistical significance at the 10%, 5%, and 1% levels, respectively. All variables are defined in Table 1. |