Table 10 Results of benchmark regression and mediating effect tests by region.

From: The relationship between FDI quality, new quality productivity forces, and economic resilience in China’s Yangtze River Delta region: insights from an empirical spatial Durbin model

 

Zhejiang

  

Jiangsu

  

Anhui

  

Variable

ER

NQPF

ER

ER

NQPF

ER

ER

NQPF

ER

QFDI

−0.215**

(−2.14)

−0.330***

(−3.93)

−0.100

(−0.99)

−0.179**

(−2.24)

−0.136*

(−1.78)

−0.086

(−1.41)

0.423***

(3.19)

0.332***

(2.76)

0.353***

(2.66)

NQPF

  

0.318

(5.15)

  

0.170*

(1.73)

  

−0.592

(−1.39)

QFDI2

0.636***

(2.85)

0.9136***

(4.89)

0.348***

(3.68)

0.343***

(2.67)

0.252**

(2.05)

0.686***

(11.09)

−0.769*

(−1.80)

−0.843**

(−2.17)

0.210***

(2.86)

ln SEL

0.070*

(1.75)

0.047

(0.166)

0.053

(1.39)

0.076

(0.98)

0.143*

(1.92)

−0.022

(−0.37)

0.034

(0.76)

0.045

(1.11)

0.025

(0.56)

ln GOV

−0.267***

(−4.30)

−0.004

(−0.07)

−0.266***

(−4.45)

0.314*

(1.85)

0.089

(0.55)

0.253**

(1.97)

−0.317***

(−8.60)

−0.033

(−0.99)

−0.310***

(−8.53)

ln FIN

0.024

(1.08)

0.066***

(3.60)

0.001

(0.02)

0.036

(1.18)

0.007

(1.83)

0.031

(1.34)

0.138***

(7.65)

0.086***

(5.24)

0.120***

(6.36)

ln URB

0.395***

(5.76)

0.348***

(6.05)

0.273***

(3.72)

0.239

(1.44)

0.291*

(1.83)

0.039

(0.31)

0.094*

(1.84)

0.119**

(2.57)

0.069

(1.35)

ln MAR

0.086***

(6.51)

0.133***

(11.89)

0.041**

(2.26)

0.267***

(8.93)

0.203***

(7.08)

0.128***

(4.94)

0.071***

(5.28)

0.032***

(2.64)

0.064***

(4.78)

C

−0.67*

(−1.92)

−0.312***

(−10.56)

0.041

(0.92)

−0.560***

(−9.61)

−0.399***

(−7.13)

−0.287***

(−5.68)

−0.185***

(−4.28)

−0.081**

(−2.05)

−0.168***

(−3.92)

Individual fixed

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Time fixed

No

No

No

Yes

Yes

No

No

No

No

R2

0.7348

0.8365

0.7574

0.9484

0.9305

0.9706

0.6071

0.3072

0.6215

N

154

154

154

182

182

182

224

224

224

F

57.79***

106.69***

56.59***

156.11***

114.24***

266.02***

47.67***

13.68***

44.12***

Indirect effect

 

−0.115***

(−2.69)

  

−0.093**

(−1.76)

  

0.070**

(1.98)

 

Direct effect

 

−0.100

(−0.99)

  

−0.086

(−1.41)

  

0.353***

(2.66)

 

Total effect

 

−0.215***

(−2.15)

  

−0.179**

(−2.24)

  

0.423***

(3.19)

 

Mediator effect ratio

 

Completely intermediary

  

Completely intermediary

  

16.52%

 
  1. ***, ** and * are significant at the significance levels of 1%, 5% and 10%, respectively.
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