Table 10 PSM results of CLT’ adoption on socioeconomic development.

From: Communication dynamics: Fintech’s role in promoting sustainable cashless transactions

Methods

ATT

Std. Err.

T-value

Remarks

Sustainable Livelihood (SLD)

 Stratification

0.413a

0.073

5.674

H11a: ☑

 Radius Matching

0.397a

0.057

6.950

 Kernel Matching

0.521a

0.136

3.843

Growth in Living Standard (GLS)

 Stratification

0.593b

0.253

2.347

H11b: ☑

 Radius Matching

0.744a

0.131

5.661

 Kernel Matching

0.682a

0.140

4.872

Social Development (SDT)

 Stratification

0.476b

0.231

2.062

H11c: ☑

 Radius Matching

0.480a

0.129

3.711

 Kernel Matching

0.425b

0.181

2.354

  1. PSM propensity score matching, ATT average treatment on treated; a = p < 0.01; b = p < 0.05; ☑: acceptance of hypothesis.”