OLS Estimation Results | ||||
| (1) | (2) | (3) | (4) |
| ΔEnergy consumption | Scale effect | Composition effect | Technique effect |
Δtrade | 8.1790*** | 10.1897*** | 0.2849 | −2.2956*** |
| (2.3453) | (2.7284) | (0.3335) | (0.7745) |
ΔLogGDP | 11.7121** | 16.2473*** | 0.3718 | −4.9071*** |
| (4.6948) | (5.4211) | (0.6069) | (1.3924) |
Δsecond | −0.3737*** | −0.4862*** | 0.0484*** | 0.0642*** |
| (0.0725) | (0.0826) | (0.0115) | (0.0212) |
Δthird | −0.0660 | −0.1620 | 0.0199* | 0.0760*** |
| (0.0963) | (0.1049) | (0.0105) | (0.0242) |
Δprice | 0.0076 | 0.0151* | −0.0024** | −0.0051* |
| (0.0079) | (0.0088) | (0.0012) | (0.0029) |
east | 1.9981 | 2.1326 | −0.1980 | 0.0634 |
| (1.9049) | (2.0001) | (0.2396) | (0.3811) |
central | 0.3084 | 0.4392 | 0.0839 | −0.2147 |
| (1.3407) | (1.4100) | (0.1856) | (0.3555) |
west | 2.1036 | 2.0908 | −0.5871*** | 0.6000 |
| (1.3431) | (1.4107) | (0.2240) | (0.3645) |
Constant | −2.8501 | −5.3783* | −0.1706 | 2.6988*** |
| (2.8963) | (3.2185) | (0.3814) | (0.9035) |
Observations | 285 | 285 | 285 | 285 |