Table 5 Estimation results of gravity model parameters and Pearson’s correlation between economic gravity and investment frequency.
Year | Gravity model parameters | Pearson’s correlation | ||||
|---|---|---|---|---|---|---|
k | β | Overall | 0–100 | 100–500 | >500 | |
2000 | 0.0010000 | 0.4780 | 0.608 | 0.763 | 0.730 | 0.496 |
2005 | 0.0002511 | 0.3897 | 0.708 | 0.850 | 0.769 | 0.636 |
2010 | 0.0001548 | 0.4784 | 0.708 | 0.869 | 0.783 | 0.610 |
2015 | 0.0001345 | 0.4804 | 0.691 | 0.899 | 0.797 | 0.588 |
2020 | 0.0001984 | 0.4775 | 0.740 | 0.911 | 0.763 | 0.668 |