Table 10 Mechanism test results of OBTC.
From: From digitalization to green transformation: empirical evidence from RCEP’s industrial sectors
Variable | Model 43 | Model 44 | Model 45 | Model 46 | Model 47 | Model 48 |
|---|---|---|---|---|---|---|
OBTC | INNO | OBTC | OBTC | COST | OBTC | |
\({{Dig}}^{{forward}}\) | 0.0803*** | 0.241*** | 0.0568 | 0.0803*** | 0.122*** | 0.0572 |
(0.0302) | (0.0490) | (0.0361) | (0.0302) | (0.0305) | (0.0349) | |
inno | 0.122* | |||||
(0.0645) | ||||||
cost | 0.187 | |||||
(0.128) | ||||||
Control variable | Yes | Yes | Yes | Yes | Yes | Yes |
Sobel Z | 1.812* | 1.236 | ||||
Constant | 0.972*** | 0.179*** | 0.955*** | 0.972*** | 0.866*** | 0.809*** |
(0.0136) | (0.0243) | (0.0161) | (0.0136) | (0.00941) | (0.108) | |
Observations | 112 | 112 | 112 | 112 | 112 | 112 |
R2 | 0.083 | 0.726 | 0.089 | 0.083 | 0.250 | 0.094 |
