Table 3 Spatial correlation test.

From: Peer effects in local government decision-making on new infrastructure investment: evidence from Chinese 258 cities

Year

\({W}_{01}\)

\({W}_{d}\)

\({W}_{e}\)

\({W}_{{de}}\)

\({W}_{a}\)

\({W}_{t}\)

\({W}_{{ind}}\)

Moran’s I

Moran’s I

Moran’s I

Moran’s I

Moran’s I

Moran’s I

Moran’s I

2012

0.205***

0.113***

0.264***

0.097***

0.148***

0.100***

0.111***

2013

0.208***

0.115***

0.273***

0.099***

0.153***

0.103***

0.113***

2014

0.211***

0.119***

0.278***

0.102***

0.157***

0.105***

0.116***

2015

0.217***

0.121***

0.287***

0.104***

0.165***

0.108***

0.118***

2016

0.222***

0.125***

0.293***

0.106***

0.172***

0.110***

0.121***

2017

0.233***

0.132***

0.301***

0.113***

0.185***

0.116***

0.128***

2018

0.237***

0.139***

0.312***

0.119***

0.202***

0.122***

0.134***

2019

0.233***

0.143***

0.320***

0.123***

0.219***

0.126***

0.138***

2020

0.231***

0.147***

0.324***

0.127***

0.229***

0.130***

0.142***

2021

0.230***

0.149***

0.331***

0.130***

0.241***

0.132***

0.145***

2022

0.228***

0.152***

0.337***

0.133***

0.247***

0.135***

0.148***

  1. *, **, *** denote significant levels at 10%, 5%, and 1%, respectively.
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