| Variable name | economic growth effect economy | Industrial transformation effect industry | Energy reduction effect co2 |
| gf | 0.4259*** | 0.7693* | −0.5299* |
| (0.1747) | (0.4423) | (0.2261) | |
| urban | 4.8459*** | −1.1492 | 0.8792** |
| (0.7851) | (0.7316) | (0.3741) | |
| invest | −0.6874*** | 0.5489*** | 0.1237 |
| (0.1747) | (0.1747) | (0.1747) | |
| gov | 2.2244*** | 1.8009** | 1.2531*** |
| (0.1747) | (0.1747) | (0.1747) | |
| national | −3.0704*** | 1.4981*** | −0.0475 |
| (0.1747) | (0.1747) | (0.1747) | |
| c | −0.2319*** | 1.7305*** | 0.23234 |
| (0.0952) | (0.4614) | (0.2359) | |
| N | 210 | 210 | 210 |
| Adjusting R2 | 0.8823 | 0.7804 | 0.9755 |
| Hausman test | 83.4319 | 38.5873 | 13.2286 |
| P-value | 0.0000 | 0.0000 | 0.0395 |