Table 10 Results of mechanism testing for venture capital.
From: Synergistic effect of the low-carbon city and sci-tech finance pilots on green innovation in China
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
VCA | SUGI | STGI | VCE | SUGI | STGI | |
Dual | 0.459*** | 1.473*** | 1.366*** | 0.660*** | 1.410*** | 1.292*** |
(2.957) | (5.705) | (5.711) | (6.347) | (5.570) | (5.573) | |
VCA | 0.014*** | 0.019*** | ||||
(3.231) | (4.202) | |||||
VCE | 0.105*** | 0.124*** | ||||
(6.408) | (6.299) | |||||
Controls | YES | YES | YES | YES | YES | YES |
City / Year | YES | YES | YES | YES | YES | YES |
R2 | 0.648 | 0.742 | 0.744 | 0.783 | 0.747 | 0.750 |
N | 4448 | 4448 | 4448 | 4448 | 4448 | 4448 |
