Table 3 Descriptive statistics of control variables and corresponding t-test results
Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) |
|---|---|---|---|---|---|---|---|
Full sample -Before COVID-19 | Full sample -After COVID-19 | Subsided NEVs -Before COVID-19 | Subsided NEVs -After COVID-19 | Non-subsided NEVs -Before COVID-19 | Non-subsided NEVs -After COVID-19 | Local smoothness test | |
Price | 36.202 | 30.213 | 20.296 | 20.424 | 78.871 | 61.309 | 0.297 |
(0.937) | (0.691) | (0.277) | (0.225) | (2.315) | (2.215) | (3.667) | |
Range | 227.162 | 283.740 | 237.047 | 292.319 | 200.644 | 256.489 | 6.728 |
(4.077) | (4.071) | (4.147) | (4.499) | (9.979) | (9.095) | (21.215) | |
Engine | 0.617 | 0.673 | 0.699 | 0.700 | 0.399 | 0.587 | 0.002 |
(0.012) | (0.011) | (0.014) | (0.012) | (0.024) | (0.024) | (0.068) | |
Brand | 0.231 | 0.181 | 0.017 | 0.010 | 0.805 | 0.725 | 0.025 |
(0.011) | (0.009) | (0.004) | (0.003) | (0.019) | (0.021) | (0.050) | |
Firm | 2.978 | 2.862 | 3.441 | 3.186 | 1.738 | 1.835 | − 0.024 |
(0.033) | (0.032) | (0.035) | (0.036) | (0.030) | (0.043) | (0.214) | |
Typecar | 2.461 | 2.381 | 2.483 | 2.372 | 2.401 | 2.411 | 0.018 |
(0.015) | (0.014) | (0.017) | (0.016) | (0.032) | (0.029) | (0.085) | |
Fuel | 1.957 | 1.760 | 1.826 | 1.735 | 2.308 | 1.839 | − 0.019 |
(0.025) | (0.023) | (0.029) | (0.026) | (0.046) | (0.046) | (0.130) | |
Drive | 1.646 | 1.610 | 1.302 | 1.369 | 2.567 | 2.376 | − 0.023 |
(0.024) | (0.022) | (0.022) | (0.022) | (0.038) | (0.043) | (0.116) |