Table 3 Mediation effect analysis.

From: How does digital economy affect the industry chain resilience in China?

Objectives

(1)

(2)

(3)

DT

0.013*

−0.048***

0.011

 

(0.007)

(0.010)

(0.007)

FES

  

−0.031**

   

(0.015)

Control variable

Yes

Yes

Yes

Enterprise fixed effects

Yes

Yes

Yes

Provincial fixed effects

Yes

Yes

Yes

Year fixed effects

Yes

Yes

Yes

N

26,428

26,428

26,428

R2

0.045

0.094

0.046

  1. Clustered standard error is shown in parentheses; *, **, and *** represent significance at the 10%, 5%, and 1% levels, respectively.