Table 6 Heterogeneity analysis
Variables | Automobile type | Country of origin | ||
|---|---|---|---|---|
PEV | Hybrid vehicles | Domestic brand | Non-domestic brand | |
(1) | (2) | (3) | (4) | |
T × Policy | 1.054*** | 0.371** | − 1.224 | 1.732*** |
(0.118) | (0.054) | (0.722) | (0.376) | |
Cons | − 4.491*** | − 28.590* | 6.883*** | − 72.708 |
(0.411) | (7.144) | (1.937) | (6.679) | |
Control variables | Yes | Yes | Yes | Yes |
Individual FE | Yes | Yes | Yes | Yes |
Time FE | Yes | Yes | Yes | Yes |
N | 317 | 224 | 353 | 188 |
R2 | 0.869 | 0.846 | 0.891 | 0.835 |
Variables | Motorcycle type | Body size | ||
|---|---|---|---|---|
Sedans | Other cars | Large- and medium-sized vehicles | Small vehicles | |
(5) | (6) | (7) | (8) | |
T × Policy | 1.370*** | 0.207* | 1.366*** | 0.305 |
(0.087) | (0.102) | (0.258) | (0.204) | |
Cons | − 21.036*** | − 1.685*** | 4.019*** | 5.267*** |
(1.429) | (0.504) | (0.276) | (0.362) | |
Control variables | Yes | Yes | Yes | Yes |
Individual FE | Yes | Yes | Yes | Yes |
Time FE | Yes | Yes | Yes | Yes |
N | 255 | 286 | 176 | 365 |
R2 | 0.850 | 0.877 | 0.826 | 0.880 |