Fig 1.
Transaction volume and transaction amount in China’s pilot carbon emission trading market from 2013–2018.
Table 1.
Descriptions of variables.
Table 2.
Descriptive statistics.
Table 3.
The regression results.
Table 4.
PSM balance test results.
Table 5.
The regression results after the PSM balance test.
Table 6.
Further studies examining the regression results.
Table 7.
Further studies result.
Table 8.
Robustness test results.