Table 11 The impact of digital finance on industrial structure transformation and innovation and entrepreneurship.
From: Digital finance, innovation transformation, and resilient city growth
stru | inno | |||||||
|---|---|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
difi | 0.4361*** | 0.1498*** | ||||||
(24.21) | (13.73) | |||||||
cov | 0.3851*** | 0.1264*** | ||||||
(23.51) | (12.75) | |||||||
dep | 0.4248*** | 0.1412*** | ||||||
(24.53) | (13.38) | |||||||
dig | 0.2230*** | 0.0814*** | ||||||
(16.01) | (10.08) | |||||||
_cons | 1.0016 | 0.7063 | − 0.0436 | − 2.0109 | 0.6808 | 0.5685 | 0.2736 | − 0.2441 |
(0.85) | (0.59) | (− 0.04) | (− 1.63) | (0.99) | (0.82) | (0.40) | (− 0.35) | |
Ccontrols | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
City fixed | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Year fixed | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
obs | 2870 | 2870 | 2870 | 2870 | 2870 | 2870 | 2870 | 2870 |
\({R}^{2}\) | 0.3352 | 0.3232 | 0.3385 | 0.2560 | 0.2122 | 0.2047 | 0.2095 | 0.1866 |
F | 20.69 | 20.11 | 21.39 | 19.35 | 74.68 | 73.96 | 74.46 | 71.37 |
P | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
