Table 5 Regression results of mechanism analysis.

From: Research on the influence mechanism of digital economy on the development of the sports and health industry in China

Variable

(1) Pro

(2) Shi

Dig

− 0.1388* (− 1.97)

0.2344* (1.87)

Pro

 

− 0.1133* (− 1.83)

LnPgdp

0.1597 (0.44)

− 0.1274 (− 0.66)

Pfdi

0.0169 (0.44)

− 0.0286 (− 1.01)

Fai

0.0127** (2.27)

− 0.0238 (− 0.52)

Lntb

− 0.1444*** (− 4.25)

− 0.3871 (− 0.21)

Lnpeo

− 0.3683*** (− 8.35)

− 1.8341*** (− 3.88)

Gra

− 0.1233* (− 1.88)

0.7317* (1.17)

Cons

− 0.1477** (− 2.88)

0.7429* (1.92)

Regional

YES

YES

Time

YES

YES

N

3510

3510

R2

0.9877

0.9987

  1. *P < 0.1, **P < 0.05, ***P < 0.01; The values in parentheses are the Z-test values.
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