Research Article
Emission Reduction Effect and Mechanism of Auto-Purchase Tax Preference
| | (1) | (2) | (3) | (4) | (5) | (6) | Whole sample | Whole sample | Dependent variable: sales share | Exclude new energy vehicles | Symmetric time window | Winsorize |
| Post treat | 0.190 | 0.117 | 0.0555 | 0.129 | 0.0852 | 0.0791 | (3.26) | (2.65) | (5.47) | (2.91) | (1.86) | (1.82) | Post | 0.506 | 0.482 | −0.000325 | 0.483 | 1.134 | 0.469 | (11.69) | (13.71) | (−0.05) | (13.75) | (17.95) | (13.41) | Treat | 0.253 | −0.450 | −0.141 | −0.449 | −0.404 | −0.450 | (10.63) | (−25.72) | (−27.83) | (−25.67) | (−18.00) | (−25.71) | Price_Grade | | −0.838 | 0.0555 | −0.837 | −0.796 | −0.835 | | (−227.50) | (5.47) | (−227.47) | (−189.38) | (−228.20) | LnGDP | | 0.712 | 0.0663 | 0.712 | 0.718 | 0.707 | | (41.95) | (66.43) | (41.95) | (34.60) | (41.84) | LnPop | | 0.0940 | −0.0216 | 0.0947 | 0.110 | 0.0979 | | (4.84) | (−6.08) | (4.88) | (4.66) | (5.05) | LnUrban | | −0.728 | 0.00000644 | −0.732 | −0.777 | −0.713 | | (−8.23) | (0.00) | (−8.26) | (−7.16) | (−8.08) | LnMile | | 0.0267 | 0.000167 | 0.0228 | 0.0365 | 0.0238 | | (1.52) | (0.01) | (1.30) | (1.67) | (1.36) | LnIncome | | 0.912 | −0.00664 | 0.923 | 0.944 | 0.889 | | (10.90) | (−1.84) | (11.01) | (9.27) | (10.67) | LnRate | | −0.320 | 0.00665 | −0.321 | −0.328 | −0.312 | | (−8.86) | (0.38) | (−8.88) | (−7.58) | (−8.68) | LnOil_Price | | −0.307 | 0.00846 | −0.307 | −1.181 | −0.296 | | (−9.82) | (1.07) | (−9.82) | (−15.29) | (−9.53) | Constant | 4.382 | −2.851 | 0.0484 | −2.922 | 1.078 | −2.731 | (150.98) | (−4.86) | (6.75) | (−4.98) | (1.40) | (−4.69) | City FE | Yes | Yes | Yes | Yes | Yes | Yes | Time FE | Yes | Yes | Yes | Yes | Yes | Yes | Obs | 54144 | 54144 | 32150 | 54113 | 35513 | 54144 |
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Note: t statistics are in parentheses. ∗ < 0.10, ∗∗ < 0.05, and ∗∗∗ < 0.01.
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