Fig 1.
The establishment of environmental courts.
Fig 2.
Framework.
Table 1.
The statistical description of key variables.
Table 2.
Environmental courts and firm productivity.
Fig 3.
The Parallel trend test.
Table 3.
Heterogeneity-robust DID.
Fig 4.
Borusyak et al. (2024) imputation estimator.
Table 4.
PSM-DID estimation and IV estimation.
Fig 5.
Bootstrapping method.
Table 5.
Additional robustness checks (I).
Table 6.
Additional robustness checks (II).
Table 7.
Potential mechanisms.
Table 8.
Heterogeneity analysis (I).
Table 9.
Heterogeneity analysis (II).
Table 10.
Heterogeneity analysis (III).
Table 11.
Further analysis.