Table 2 Impact of the digital economy on technological innovation in cities.

From: Digital economy and urban innovation level: A quasi-natural experiment from the strategy of “Digital China”

Variable

(1)

(2)

(3)

(4)

(5)

DID

4.841***

2.726***

1.950**

2.049**

2.323**

 

(1.450)

(0.957)

(0.951)

(0.950)

(0.950)

GDP

  

6.286***

3.415

7.868***

   

(2.332)

(2.684)

(2.907)

pop

  

34.891***

32.804***

32.193***

   

(4.243)

(4.250)

(4.244)

industry

  

−0.266***

−0.244***

−0.253***

   

(0.069)

(0.069)

(0.069)

finr

   

−2.724**

−2.201*

    

(1.317)

(1.327)

fine

   

−1.084

−0.250

    

(1.708)

(1.717)

tec

   

3.158***

3.335***

    

(0.552)

(0.553)

invest

    

−3.281***

     

(0.841)

fdi

    

−0.0551

     

(0.179)

Constant

9.822***

3.559***

−285.120***

−207.911***

−243.623***

 

(0.463)

(0.625)

(34.573)

(38.681)

(39.672)

N

3123

3123

3123

3123

3123

R-squared

0.004

0.199

0.229

0.238

0.242

Urban Effect

NO

YES

YES

YES

YES

Time Effect

NO

YES

YES

YES

YES

  1. *, **, and *** indicate significance at the 10%, 5%, and 1% levels, respectively, with robustness standard errors in parentheses below.