Table 6 SYS-GMM model regression results.

From: The inverted U-shaped relationship between judicial development and economic growth: evidence from China

Variable

Standard errors

Coefficient

\({{\rm{GDPGR}}}_{{\rm{it}}-1}\)

0.010

0.163***

\({{\rm{J}}{\rm{D}}{\rm{L}}}_{{\rm{it}}}\)

0.217

1.256**

\({{\rm{JD}}{\rm{L}}}_{{\rm{it}}}^{2}\)

−0.223

−0.897**

\({{\rm{NEP}}}_{{\rm{it}}}\)

0.116

0.535**

\({{\rm{GCF}}}_{{\rm{it}}}\)

0.148

0.631*

\({{\rm{FERDP}}}_{{\rm{it}}}\)

−0.631

−1.115

\({{\rm{MI}}}_{{\rm{it}}}\)

0.242

0.783***

\({\rm{Hansen}}{\rm{Test}}\)

 

0.203

AR(1) Test

 

0.006

AR(2) Test

 

0.824

  1. Notes: */**/*** indicate significance at the 10%, 5%, and 1% levels, respectively.