Table 10 Heterogeneity in digitalization, energy structure and greening level.
From: Green fintech contributes to environmental sustainability—based on empirical evidence from China
(1) Low digital infrastructure | (2) High digital infrastructure | (3) Low coal consumption ratio | (4) High coal consumption ratio | (5) Low level of greening | (6) High level of greening | |
|---|---|---|---|---|---|---|
Variables | CEE | CEE | CEE | CEE | CEE | CEE |
gfs | 0.402*** | 0.162 | –0.0446 | 0.566*** | 0.611*** | –0.0992 |
(2.9720) | (0.7756) | (–0.2962) | (4.2692) | (3.9620) | (–0.8036) | |
Constant | 0.433* | 0.422 | –0.485** | 0.663** | 0.611*** | –0.0992 |
(1.8154) | (1.4088) | (–1.9992) | (2.4740) | (–1.1473) | (3.4520) | |
City | yes | yes | yes | yes | yes | yes |
Year | yes | yes | yes | yes | yes | yes |
Observations | 1512 | 1320 | 1776 | 1512 | 1584 | 1704 |
R-squared | 0.8341 | 0.4847 | 0.8879 | 0.8619 | 0.8978 | 0.7839 |
