Table 10 Regional heterogeneity of digital finance's impact on urban resilience.

From: Digital finance, innovation transformation, and resilient city growth

 

Res1

Res2

Res3

eastern

central

western

eastern

central

western

eastern

central

western

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

difi

0.0032***

0.0011***

0.0012***

0.0074***

0.0028***

0.0027***

0.0075***

0.0027***

0.0026***

(7.09)

(5.20)

(6.35)

(7.35)

(4.10)

(4.49)

(5.14)

(3.76)

(3.13)

_cons

− 0.3599***

− 0.0495***

− 0.0977***

− 0.6576***

− 0.1399**

− 0.2696***

− 1.3270***

0.0563

− 0.3377***

(− 11.86)

(− 2.76)

(− 9.81)

(− 9.83)

(− 2.47)

(− 8.89)

(− 13.71)

(0.94)

(− 8.04)

controls

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

City fixed

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Year fixed

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Obs

2870

2870

2870

2870

2870

2870

2870

2870

2870

\({R}^{2}\)

0.4555

0.5452

0.5876

0.4292

0.4467

0.3748

0.3323

0.3070

0.2359

F

66.09

77.30

51.74

92.15

97.38

85.75

63.45

154.05

129.47

P

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

  1. *, **, and ***indicate passing the significance test at 10%, 5%, and 1% levels, respectively.