The Impact of Environmental Technology and Environmental Policy Strictness on China’s Green Growth and Analysis of Development Methods

Table 2

Direct effects of three environmental technologies and the stringency of environmental policies on green growth in China.

Variable	(I)cer	(II)mer	(III)ver	(IV)cer	(V)mer	(VI)ver
ER	0.001 (0.13)	0.031(3.10)	−0.010^∗ (−1.75)	0.001 (0.08)	0.175 (2.19)	−0.137 (−3.37)
ER2				−0.0002 (−0.04)	−0.007^∗ (−1.82)	0.009 (3.17)
Lnti	0.041 (3.66)	0.032 (3.17)	0.041 (4.07)	0.041 (3.59)	0.033 (3.19)	0.044 (4.47)
Lnfs	0.077 (2.37)	0.075 (2.72)	0.071 (2.49)	0.077 (2.36)	0.072 (2.63)	0.062 (2.22)
Lnis	0.052 (1.54)	0.063 (1.52)	0.074 (1.47)	0.052 (1.53)	0.058 (1.56)	0.087 (1.26)
Lnfdi	0.251 (2.29)	0.021 (2.21)	0.023 (2.44)	0.025 (2.27)	0.026 (2.61)	0.024 (2.52)
_cons	−0.315 (−2.89)	−0.635 (−4.25)	−0.225 (−2.32)	−0.318 (−2.88)	−1.315 (−3.27)	0.208 (1.25)
Hausman test value	0.001	0.001	0.001	0.001	0.001	0.001
R-sq	0.813	0.717	0.772	0.813	0.725	0.768
F statistic quantity	32.13	42.64	40.15	26.67	36.34	36.06
Selection of the model	Fixed effects	Fixed effects	Fixed effects	Fixed effects	Fixed effects	Fixed effects
Sample size	360	360	360	360	360	360

The data in the parentheses are t statistic quantities, , , and indicate that it is significant at the levels of 10%, 5%, and 1%, respectively.