Emission Reduction Effect and Mechanism of Auto-Purchase Tax Preference

Table 8

Local linear regression results at different price points.

	(1)	(2)	(3)	(4)	(5)
	A	B	C	D	E
D	2.192	1.708	3.616	3.042	2.228
	(0.2543)	(0.2553)	(0.1661)	(0.1894)	(0.1930)
Date	−0.0141	0.00508	0.0287	0.00969	0.0462
	(0.0042)	(0.0047)	(0.0063)	(0.0059)	(0.0062)
Ddate	−0.131	−0.138	−0.281	−0.218	−0.189
	(0.0203)	(0.0206)	(0.0149)	(0.0163)	(0.0167)
Constant	6.295	6.726	1.129	2.178	2.229
	(0.0174)	(0.0191)	(0.0274)	(0.0274)	(0.0275)
Obs	8168	8156	3701	6049	6836

Note: t statistics are in parentheses. ^∗ < 0.10, ^∗∗ < 0.05, and ^∗∗∗ < 0.01.