Table 8 Results of mechanism tests for FS and Talent.

From: Synergistic effect of the low-carbon city and sci-tech finance pilots on green innovation in China

 

(1)

(2)

(3)

(4)

(5)

(6)

 

FS

SUGI

STGI

Talent

SUGI

STGI

Dual

0.006**

1.359***

1.257***

0.009***

1.385***

1.274***

 

(2.398)

(5.553)

(5.586)

(6.846)

(5.104)

(5.211)

FS

 

20.357***

19.758***

   
  

(3.794)

(3.639)

   

Talent

    

10.556***

11.222***

     

(3.463)

(3.5964)

Controls

YES

YES

YES

YES

YES

YES

City / Year

YES

YES

YES

YES

YES

YES

R2

0.713

0.766

0.764

0.841

0.775

0.769

N

4448

4448

4448

4448

4448

4448

  1. **, *** indicate significant at the 5% and 1% levels, respectively, with T-values in parentheses.