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Table 3 Emission elasticity with respect to the carbon tax—(using the tax rate)

From: Does a Carbon Tax Reduce CO2 Emissions? Evidence from British Columbia

  Dependent variable: log(Emissions)i,t
Total statEnergy Transp Fugit (exempt) Indust Agric Waste
Carbon Tax ($CAD/tonne)i,t − 0.0004 0.001 − 0.002* − 0.003 − 0.001 − 0.016 0.001
  (0.0003) (0.001) (0.001) (0.006) (0.003) (0.014) (0.011)
log(Emiss)i,t-1 0.809*** 0.833*** 0.776*** 0.744*** 0.680*** 0.320*** 0.651***
  (0.051) (0.042) (0.043) (0.049) (0.049) (0.065) (0.051)
log(Pop) i,t − 0.069 − 0.039 − 0.107 − 1.582* 0.458 0.426 0.423
  (0.057) (0.104) (0.068) (0.662) (0.306) (1.294) (1.014)
log(GDP) i,t 0.285*** 0.263* 0.412*** 0.953 − 0.145 0.394 − 0.037
  (0.051) (0.127) (0.089) (0.690) (0.364) (1.554) (1.230)
Observations 260 260 260 260 260 260 260
R2 (within) 0.717 0.693 0.767 0.690 0.496 0.112 0.427
F statistic (df = 4; 221) 140.13*** 124.84*** 182.10*** 123.13*** 54.41*** 6.94*** 41.22***
  1. *p < 0.05, **p < 0.01, ***p < 0.001