Table 7 Winsorization results.

From: Sci-Tech finance, digital economy and high-quality development of regional economy: empirical evidence from 273 cities in China

Variable

1% winsorization

5% winsorization

(1)

(2)

(3)

(4)

Scifi

0.312***

0.355***

0.312***

0.369***

 

(2.924)

(3.256)

(2.924)

(3.207)

Control

NO

YES

NO

YES

Time FE

YES

YES

YES

YES

City FE

YES

YES

YES

YES

Observations

3276

3276

3276

3276

R-squared

0.781

0.802

0.781

0.800

  1. Clustering robustness t-statistics are in parentheses.
  2. ***p < 0.01, **p < 0.05, *p < 0.1.
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