The DID technique explores the impact of policy implementation by capturing the difference in modifications between the Treatment group and Control group before and law firm work permit firm staying permit after coverage implementation, which may avoid endogeneity issues to a big extent and get extra correct outcomes. explored the impact of low-carbon city pilot insurance policies on city green complete factor productivity; Zhang and Wang investigated the impact of carbon buying and selling on financial output and carbon reduction in China’s industrial sector. Considering the variations in inhabitants size amongst cities, the logarithm of GDP per capita is used on this paper to measure economic improvement and to eliminate the impact of price fluctuations; GDP per capita is deflated on a 2006 annual basis. Therefore, this research uses the DID method to research the influence of SDPRC on vitality consumption in RBC The common strategies used in research exploring coverage results include Synthetic Control Method (Chen et al., 2022), Difference in difference (Fang et al., 2021), Regression Discontinuity Design (Salti et al., 2022), and Instrumental Variable Methods .
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