Table 11 Heterogeneity analysis results of different enterprises scale.
large scale | small scale | |||||
|---|---|---|---|---|---|---|
Direct effects | Indirect effects | Total effects | Direct effects | Indirect effects | Total effects | |
digi | 0.104*** (0.0160) | 7.159*** (2.604) | 7.264*** (2.613) | 0.0767*** (0.0137) | 3.986*** (1.102) | 4.062*** (1.106) |
lnpgdp | 0.0567*** (0.0170) | 1.030* (0.572) | 1.086* (0.578) | 0.0400** (0.0169) | 0.415 (0.289) | 0.455 (0.295) |
fix | –0.135*** (0.0112) | –0.319 (0.281) | –0.454 (0.285) | –0.106*** (0.0113) | –0.260 (0.171) | –0.366** (0.174) |
fdi | 1.518*** (0.404) | 168.5** (71.15) | 170.1** (71.50) | 1.256*** (0.299) | 93.31*** (33.99) | 94.57*** (34.22) |
gov | –0.248 (0.152) | –40.64* (24.26) | –40.88* (24.38) | –0.186 (0.129) | –37.03** (15.24) | –37.22** (15.33) |
edu | –0.0435 (0.0534) | 0.596 (1.622) | 0.553 (1.649) | 0.123** (0.0527) | 0.461 (0.962) | 0.583 (0.986) |
fina | 0.168*** (0.0222) | 12.15*** (4.473) | 12.32*** (4.491) | 0.138*** (0.0166) | 7.557*** (2.105) | 7.695*** (2.114) |