Table 4 Moderating effect test.
Moderation effect | Main effects | Environmental regulation | Green credit |
|---|---|---|---|
logNGPExport | logNGPExport | logNGPExport | |
GCI_stdv | 1.510*** | 1.767*** | 2.396*** |
(0.290) | (0.344) | (0.511) | |
c.logER*c.GCI_stdv | 0.086* | ||
(0.047) | |||
logER | −0.017 | ||
(0.037) | |||
c. logGreenLoan* c.GCI_stdv | 1.515*** | ||
(0.525) | |||
logGreenLoan | −1.247 | ||
(0.810) | |||
Controls | YES | YES | YES |
ID_FE | YES | YES | YES |
YEAR_FE | YES | YES | YES |
N | 450 | 450 | 450 |
R2_within | 0.1764 | 0.1877 | 0.2276 |
F | 13.74 | 11.89 | 25.25 |
