Research Article

Research on the Impact of Environmental Regulation on Total Factor Energy Effect of Logistics Industry from the Perspective of Green Development

Table 6

Stationary test of major variables.

VariableLLC inspectionIPS inspectionFisher-ADF inspection
Horizontal sequenceFirst differenceHorizontal sequenceFirst differenceHorizontal sequenceFirst difference

LnLFEE−1.833
(0.5497)
−1.127
(0.0056)
8.675
(0.0000)
9.953
(0.0294)
30.5823
(0.2820)
137.9068
(0.0000)
LnINV−0.191
(0.4243)
−3.442
(0.0003)
−0.9171
(0.1795)
3.114
(0.0000)
84.6759
(0.1970)
93.0724
(0.004)
LnHUC−2.569
(0.1560)
5.7949
(0.0051)
3.8132
(0.9999)
−2.371
(0.0840)
45.7005
(0.1370)
78.4194
(0.0554)
LnLDL4.924
(0.0000)
−9.953
(0.0294)
2.8799
(0.9980)
2.311
(0.0104)
40.7137
(0.0890)
69.1712
(0.0000)

Note: is statistically significant at 1%, is statistically significant at 5%, and is statistically significant at 10%.