Table 3 Basic regression model results.

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

Variables

res

res

res

res

res

res1

res2

res3

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

difi

0.0251 ***

0.0228***

0.0130***

0.0123***

0.0123***

0.0021***

0.0046***

0.0055***

(30.46)

(28.00)

(11.10)

(10.33)

(10.28)

(10.73)

(9.82)

(8.72)

pop

 

0.1796***

0.1649***

0.1653***

0.1661***

0.0225***

0.0471***

0.0965***

 

(13.47)

(12.60)

(12.68)

(12.54)

(10.57)

(8.95)

(13.64)

pgdp

  

0.0293***

0.0282***

0.0282***

0.0066***

0.0146***

0.0070***

  

(11.25)

(10.81)

(10.81)

(15.75)

(14.11)

(5.01)

market

   

0.0029***

0.0029***

0.0005***

0.0011***

0.0013***

   

(4.37)

(4.36)

(4.95)

(4.13)

(3.60)

infma

    

0.0001

0.0001

− 0.0001

0.0001

    

(0.34)

(1.27)

(− 0.43)

(0.58)

_cons

− 0.3902***

− 1.0572***

− 1.2374***

− 1.2280***

− 1.2327***

− 0.1973***

− 0.4158***

− 0.6195***

(− 9.33)

(− 13.96)

(− 16.36)

(− 16.28)

(− 16.08)

(− 16.01)

(− 13.66)

(− 15.14)

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

\({R}^{2}\)

0.2644

0.3127

0.3448

0.3496

0.3496

0.4273

0.3732

0.2351

F

133.80

116.21

93.35

93.73

93.09

70.81

91.72

86.69

P

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.
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