[Retracted] Study on Measurement and Drivers of Inclusive Green Efficiency in China
Table 4
Estimation results of spatial econometric panel models.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
OLS
SDM
SDM
SDM
SAR
SAR
SAR
IDS
-0.027 (0.013)
0.005 (0.020)
0.023 (0.018)
0.021 (0.019)
0.020 (0.017)
0.025 (0.014)
0.035 (0.016)
GI
-0.012 (0.013)
-0.037 (0.022)
-0.040 (0.029)
-0.036 (0.018)
0.001 (0.016)
-0.046 (0.019)
-0.052 (0.015)
OP
0.123 (0.021)
0.155 (0.023)
0.148 (0.047)
0.128 (0.039)
0.139 (0.047)
0.138 (0.051)
0.117 (0.036)
HC
0.147 (0.013)
0.221 (0.067)
0.029 (0.036)
0.186 (0.055)
0.357 (0.076)
0.113 (0.030)
0.207 (0.056)
FD
0.066 (0.016)
-0.007 (0.019)
0.023 (0.017)
-0.012 (0.018)
0.018 (0.017)
0.021 (0.014)
-0.016 (0.017)
IL
0.438 (0.032)
0.060 (0.072)
0.065 (0.067)
0.315 (0.091)
0.157 (0.061)
0.332 (0.067)
0.134 (0.059)
Constant
-0.000 (0.011)
0.245 (0.064)
0.258 (0.085)
0.253 (0.056)
0.358 (0.077)
0.263 (0.080)
0.279 (0.057)
Wald-lag
47.49 [0.000]
10.26 [0.012]
15.43 [0.015]
LR-lag
174.26 [0.000]
63.38 [0.000]
41.61 [0.000]
LM-lag
465.20 [0.000]
374.28 [0.000]
152.86 [0.000]
12.02 [0.000]
R-LM-lag
152.82 [0.000]
378.18 [0.000]
57.97 [0.000]
44.78 [0.000]
No
Yes
Yes
Yes
No
No
No
City fixed effects
No
Yes
No
Yes
Yes
No
Yes
Year fixed effects
No
No
Yes
Yes
No
Yes
Yes
Adjusted
0.393
0.372
0.399
0.458
0.447
0.399
0.317
0.269
0.436
0.208
0.197
0.202
0.256
Log-likelihood
-2503.94
-3270.03
-1753.79
-3291.07
-2301.72
2973.59
Notes: the parameters are estimated by the bias-corrected maximum likelihood estimator developed by Lee and Yu (2010) when controlling for two-way fixed effects. The coefficients of , city fixed effects, and year fixed effects are not reported to save space; ,, and represent the 10%, 5%, and 1% significance levels, respectively. Robust standard errors, clustered at the city level, are reported in parentheses. values in brackets.