Table 11 Estimation results of static panel single threshold model.

From: Digital financial inclusion and agricultural modernization development in China—a study based on the perspective of agricultural mechanization services

Variables

Threshold effect of lnDFI

Threshold effect of lnINC

lnDFI (lnDFI ≤ 5.8784)

0.038***

(2.98)

 

lnDFI (lnDFIå 5.8784)

0.047***

(3.64)

 

lnDFI (lnINC ≤ 9.1964)

 

0.042***

(3.19)

lnDFI (lnINCå 9.1964)

 

0.048***

(3.64)

Constant

0.728

(1.59)

0.392

(0.97)

Control variables

Yes

Yes

R-squared

0.169

0.135

Obs.

360

360

  1. Note: ① ***p < 0.01, **p < 0.05, *p < 0.1.
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