Table 4.

Average treatment effect of green subsidies on the extent of farmers’ low-carbon production transition

Mean value of results
Access to green subsidiesNo green subsidies (counterfactual)ATTt-value
Low-carbon production transition
0.768 (0.014)0.128 (0.011)0.640*** (0.018)35.918
Access to green subsidies (counterfactual)No green subsidiesATUt-value
1.073 (0.008)0.552 (0.006)0.521*** (0.010)52.348
Note(s): ***indicate significant at the 10% levels, and numbers in parentheses are robust standard errors
Source(s): Authors’ own creation
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