Table 1 Descriptive statistics of the main variables.
Variable name | Type | Sample | Average value | Standard deviation | Minimum | Maximum |
---|---|---|---|---|---|---|
Innovation | Explanatory variable | 3123 | 10.320 | 24.580 | 0.027 | 371.500 |
“Digital China” Strategy | Core explanatory variables | 3123 | 0.102 | 0.303 | 0.000 | 1.000 |
GDP | Control variables | 3123 | 16.320 | 0.916 | 13.540 | 19.310 |
Pop | 3123 | 5.853 | 0.677 | 2.975 | 7.298 | |
Industry | 3123 | 48.380 | 10.620 | 12.190 | 90.970 | |
Finr | 3123 | 13.640 | 1.064 | 10.170 | 17.380 | |
Fine | 3123 | 14.540 | 0.765 | 11.330 | 17.640 | |
Tec | 3123 | 9.995 | 1.318 | 6.254 | 15.530 | |
Invest | 3123 | 15.980 | 0.943 | 12.792 | 19.690 | |
Fdi | 3123 | 9.456 | 2.691 | 0.000 | 14.150 |