Research Article

How Do Different Types of Environmental Regulations Affect Green Innovation Efficiency?

Table 9

Results of the Tobit regression model.

VariableGI-TGI-1GI-2

CER0.1126626 (0.049)0.0196060 (0.784)0.2085059 (0.068)
MER−0.4178697 (0.001)−0.5162887 (0.002)−0.3402434 (0.089)
VER−0.0671508 (0.002)−0.0221430 (0.356)−0.1157624 (0.006)
OPEN0.0349200 (0.838)0.2149886 (0.366)−0.1369412 (0.693)
IP−0.0453262 (0.838)0.0526397 (0.861)−0.1550041 (0.730)
ECO0.4653167 (0.039)0.3515238 (0.218)0.5792363 (0.178)
Cons−0.3322387 (0.575)−0.0909676 (0.910)−0.4320889 (0.717)

Significance at the level of 1%; significance at the level of 5%; significance at the level of 10%.