Table 6.

Heterogeneity analysis results

Variables(1)(2)(3)(4)
East of “Hu Huanyong Line”West of “Hu Huanyong Line”Nonclimate-adaptive pilot citiesClimate-adaptive pilot cities
EH−0.0009*** (−3.74)0.0009 (0.36)−0.0010*** (−3.82)0.0009** (2.16)
lnGDP−0.9190** (−2.10)1.6174 (0.72)−1.0257** (−2.33)−1.0147 (−1.14)
lnGDP20.0221* (1.75)−0.0608 (−0.85)0.0253* (1.96)0.0153 (0.75)
lnPD−0.0342 (−0.66)−0.0015 (−0.11)0.0050 (0.49)−0.7357* (−1.94)
IC0.6854** (2.50)1.2308* (1.85)0.8755*** (3.04)−0.5584 (−0.97)
Fin0.0155 (1.24)0.0522 (0.72)0.0172 (1.28)−0.0087 (−0.27)
_cons9.1815** (2.45)−11.1155 (−0.62)9.6757** (2.58)17.6373 (1.69)
City-fixedYESYESYESYES
Year-fixedYESYESYESYES
N3,0482643,048264
R-square0.12700.14230.11550.3239
Source(s): Created by the authors

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