Table 13 Results of the threshold effect.

From: Green fintech contributes to environmental sustainability—based on empirical evidence from China

 

(1)

Variables

CEP

gfs*I(d < γ1)

–0.0164

 

(–0.1953)

gfs*I(γ1 ≤ d < γ2)

0.278***

 

(5.2346)

gfs*I(d ≥ γ2)

0.232***

 

(4.6142)

Constant

0.0799

 

(0.5721)

City

yes

year

yes

Observations

3288

Number of id

274

R-squared

0.0875