Table 2 Baseline Model Results.
From: Role of green finance in regional heterogeneous green innovation: Evidence from China
Variable | GI | GI_1 | GI_2 | GI_3 | GI_4 | GI_5 |
|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | |
GF | 0.119*** (0.034) | 0.153*** (0.053) | 0.102* (0.053) | 0.183*** (0.054) | 0.044 (0.081) | 0.028 (0.052) |
PGDP | −0.025 (0.020) | −0.003 (0.022) | −0.047* (0.026) | −0.033 (0.031) | −0.109 (0.070) | −0.018 (0.026) |
STR | 4.385 (2.956) | 9.220* (4.820) | 5.337 (4.570) | 2.210 (2.657) | 12.416* (7.181) | 3.852 (2.751) |
FDI | 0.034 (0.048) | 0.039 (0.053) | 0.050 (0.069) | 0.042 (0.056) | 0.040 (0.049) | 0.022 (0.042) |
FIN | −0.066 (0.070) | 0.066 (0.096) | −0.174** (0.075) | −0.164* (0.091) | 0.107 (0.113) | 0.055 (0.079) |
PPL | 0.143 (0.124) | 0.389** (0.187) | 0.108 (0.192) | −0.132 (0.148) | 0.532 (0.353) | 0.078 (0.110) |
GOV | −0.484 (0.983) | −2.035 (1.460) | −0.935 (1.109) | 2.025 (1.539) | −1.874 (2.258) | −0.911 (1.328) |
Constant | −1.765 (2.803) | −9.026* (4.887) | −2.523 (4.291) | 1.784 (2.621) | −12.338 (8.211) | −0.951 (2.412) |
Province FE | YES | YES | YES | YES | YES | YES |
Year FE | YES | YES | YES | YES | YES | YES |
Observations | 300 | 300 | 300 | 300 | 300 | 300 |
