Table 9 Mechanism analysis results.
Variable | Sharing mechanism | Affluence mechanism | Sustainability mechanism | |||
|---|---|---|---|---|---|---|
Shar | Cp | Aff | Cp | Sus | Cp | |
(1) | (2) | (3) | (4) | (5) | (6) | |
Shar | 0.0179*** (5.79) | |||||
Aff | 0.0777*** (7.54) | |||||
Sus | 0.0075** (2.28) | |||||
Ec | 4.0896*** (10.27) | 0.7330*** (22.45) | − 0.4368*** (-4.93) | 0.8087*** (27.3) | − 0.8281** (− 2.19) | 0.8115*** (26.33) |
Is | 0.8798*** (3.08) | − 0.0043 (-0.20) | − 0.2345*** (− − .37) | − 0.0193 (− 0.89) | − 0.2141 (− 0.79) | 0.0178 (0.81) |
Gov | − 0.6949*** (− 3.06) | − 0.0956*** (− 5.55) | 0.1524*** (1.51) | − 0.0281 (− 1.42) | − 1.0886*** (− 4.81) | − 0.1196*** (− 6.16) |
Infor | − 0.0594*** (− 3.20) | 0.0038*** (2.72) | 0.0083*** (3.84) | 0.0004 (0.28) | 0.0126 (0.72) | 0.0028** (1.96) |
Tco | − 0.1400*** (− 4.32) | − 0.0083*** (− 3.37) | 0.1154*** (11.82) | − 0.0203*** (− 7.68) | 0.0794*** (2.57) | − 0.0122*** (− 4.88) |
Hp | − 0.0127 (− 1.03) | 0.0039*** (4.22) | 0.0037** (2.53) | 0.0034*** (3.76) | 0.0065 (0.55) | 0.0034*** (3.63) |
ρ | 0.1280** (2.00) | 0.0888 (1.30) | 0.0685 (1.05) | 0.0178 (0.25) | 0.1331** (2.32) | 0.1250* (1.80) |
R2 | 0.5986 | 0.9333 | 0.2964 | 0.9231 | 0.2387 | 0.9330 |
sigma2 | 0.2049*** (17.16) | 0.0011*** (17.34) | 0.0018*** (17.19) | 0.0011*** (17.15) | 0.1847*** (17.18) | 0.0012*** (17.32) |
Sample size | 1110 | 1110 | 1110 | 1110 | 1110 | 1110 |