Table 2 Descriptive statistical results.

From: Dynamic spatial spillover effects of financial agglomeration on CO2 emissions: the case of China

Variable

Definition

Mean

Standard deviation

Minimum

Maximum

CO2 dioxide emission (CO2)

The natural logarithm of total CO2 emissions (in tons)

5.444

0.749

2.955

6.736

Financial agglomeration

(FA)

Entropy value method

0.109

0.113

0.018

0.784

Per-capital disposable income (LY)

The natural logarithm of per capita disposable income (yuan)

10.333

0.482

9.311

11.577

Population size (PS)

The natural logarithm of the total population (permanent population) at the end of the year

8.185

0.743

6.306

9.352

Foreign direct investment

(OFDI)

Share of non-financial outward direct investment in GDP

0.004

0.008

0.000

0.066

Foreign direct investment

(FDI)

Total foreign direct investment used as a share of GDP

0.213

0.220

0.028

1.186

Industrial structure optimization (IS)

Value added of tertiary industry as a proportion of GDP

0.438

0.097

0.286

0.835

R&D investment intensity

(R&D)

Internal expenditure of R&D and test funds as a percentage of GDP

0.014

0.011

0.002

0.062

Energy consumption

(EP)

Natural logarithm of total energy consumption (10,000 tons of standard coal)

9.314

0.692

6.825

10.62

Technology market development (TM)

Technology market turnover

(ten million yuan)

2630.438

6126.617

5.349

56952.84