Table 5 Robustness test: replacement of the core explanatory variable processing method.
From: Digital finance, innovation transformation, and resilient city growth
res | res | res1 | res2 | res3 | |
|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | |
difi | 0.0230*** | 0.0183** | 0.0026** | 0.0059*** | 0.0077** |
(3.85) | (2.24) | (2.32) | (2.93) | (2.34) | |
_cons | 0.0477*** | − 0.8994*** | − 0.0988*** | − 0.2943*** | − 0.3533*** |
(44.39) | (− 12.16) | (− 11.78) | (− 12.00) | (− 10.91) | |
Controls | No | Yes | Yes | Yes | Yes |
City fixed | Yes | Yes | Yes | Yes | Yes |
Year fixed | Yes | Yes | Yes | Yes | Yes |
Obs | 2870 | 2870 | 2870 | 2870 | 2870 |
\({R}^{2}\) | 0.3809 | 0.4194 | 0.6181 | 0.4851 | 0.3425 |
F | 153.80 | 103.89 | 114.24 | 114.46 | 127.93 |
P | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
