Table 3: Estimation results of environmental efficiency and environmental TFPa.

VariableCoefficient estimates
PredictorEnvironmental efficiencyEnvironmental TFP
VRSCRS

Intercept3.393 (3.334)***2.283 (2.209)***2.561 (3.227)***
−7.234 (−6.789)***−7.583 (−7.968)***−8.821 (−10.271)***

0.16 (2.968)***0.158 (1.260)0.172 (3.234)***
2.747 (0.994)2.969 (1.227)3.066 (3.485)***
15.031 (6.092)***16.213 (6.256)***15.615 (7.162)***
−0.157 (−2.314)**−0.196 (−2.206)**0.034 (5.413)***
(sigma)0.0640.0350.894
Observations396396360

aThe standard errors of coefficient estimates are in parentheses. ** and *** denote significance at 5% and 1% levels, respectively.