Research Article
Impact of Global Value Chain Embedding on Total-Factor Energy Productivity of Chinese Industrial Sectors
Table 5
Regression results of the high energy consumption trade.
| Variables | Index | Influence coefficients |
| GVC participation | | 20.5798 | (2.9672) | | −21.6362 | (−4.0975 | EX | | 0.9073 | (2.7922) | | −1.0745 | (−3.0470) | FDI | | 0.4041 | (0.5734) | | 0.8830 | (1.2894) | LnK | | 0.1340 | (1.1967) | | −0.2170 | (−1.9066) | LnL | | −0.0646 | (−0.3042) | | −0.2009 | (−0.7850) | c1 | 3.7471 | γ1 | 9.9183 | RSS | 88.864 | AIC | 0.131 | BIC | 0.425 |
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Note. t statistics in parentheses; distributions represent significant levels of 10%, 5%, and 1%. |