Research Article

Green Credit, Financial Ecological Environment, and Investment Efficiency

Table 5

Dynamic effect of green credit on investment efficiency.

VariablePanel regression model

Pollution × Preyear 2008−0.0019
(0.0024)
Pollution × Preyear 20090.0000
(.)
Pollution × Preyear 2010−0.0090
(0.0022)
Pollution × Preyear 2011−0.0032
(0.0022)
Pollution × Current 2012−0.0035
(0.0021)
Pollution × Postyear 2013−0.0071
(0.0020)
Pollution × Postyear 2014−0.0055
(0.0020)
Pollution × Postyear 2015−0.0062
(0.0019)
Pollution × Postyear 2016−0.0066
(0.0019)
Pollution × Postyear 2017−0.0079
(0.0019)
_cons0.0539∗∗∗
(0.0039)

R2 adjusted0.0807
F25.7534
N18287.0000