Table 8 Analysis of the mediating effects.
From: Green fintech contributes to environmental sustainability—based on empirical evidence from China
(1) | (2) | (3) | (4) | (5) | (6) | (7) | |
|---|---|---|---|---|---|---|---|
Variables | GI | CCS | EST | SET | RET | AI | Fin |
gfs | 1.227*** | 5.701*** | 6.490*** | 4.737*** | 5.212*** | 0.0605*** | 0.834*** |
(3.1958) | (51.2065) | (54.4684) | (64.6204) | (59.5753) | (6.3126) | (6.1649) | |
Constant | –0.154 | –4.901*** | –3.071*** | 2.003*** | 1.052*** | 3.938*** | 11.66*** |
(–0.2252) | (–15.3364) | (–8.9808) | (9.5210) | (4.1911) | (231.3850) | (48.5033) | |
City | yes | yes | yes | yes | yes | yes | yes |
Year | yes | yes | yes | yes | yes | yes | yes |
Observations | 3288 | 3288 | 3288 | 3288 | 3288 | 3156 | 3288 |
R-squared | 0.9543 | 0.9127 | 0.9214 | 0.9403 | 0.9323 | 0.9999 | 0.9867 |