Table 6 Mechanism analysis.

From: Driving effect of government environmental protection expenditure on green technology from the perspective of fiscal transparency

 

(1)

(2)

(3)

(4)

(5)

(6)

 

All samples

Eastern region

Other regions

Variables

Amount

Venture capital frequency

Amount

Venture capital frequency

Amount

Venture capital frequency

\(\mathrm{ln}{envi}\)

0.067

(1.37)

0.305

(0.89)

0.099**

(2.34)

0.337

(1.56)

0.059

(1.03)

0.272

(0.83)

\(\mathrm{ln}{fiscal}\)

0.239**

(2.35)

0.460***

(3.37)

0.416***

(2.61)

0.572***

(3.65)

0.223**

(1.98)

0.398***

(3.28)

Control variable

YES

YES

YES

YES

YES

YES

City effect

YES

YES

YES

YES

YES

YES

Year effect

YES

YES

YES

YES

YES

YES

Observations

1778

1778

548

548

1230

1230

R-squared

0.759

0.712

0.813

0.720

0.736

0.689

  1. Note: t-values are in brackets, ***, **, and * indicate significant at 1%, 5%, and 10% levels, respectively.
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