Research on the Impact of Environmental Regulation on Enterprise Innovation from the Perspective of Official Communication

Table 6

Descriptive statistics for key variables.

Variable	Observations	Mean	Standard deviation	Minimum value	Maximum value	VIF
INNO	34,074	0.0072	0.5816	−0.9942	2.6473	—
Rotation	34,074	0.8669	0.5167	0.0055	1.9556	1.00
ER	34,074	0.0518	0.1036	0.0010	1.1733	1.00
Size	34,074	22.4812	1.1894	20.1034	25.7421	1.71
Roe	34,074	0.0652	0.0951	−0.4336	0.3022	1.09
Top1	34,074	32.3043	13.9188	7.84	74.18	1.02
Age	34,074	10.3426	6.5021	1	24	1.28
Debt	34,074	0.4338	0.1887	0.0683	0.9232	1.57

Mean VIF: 1.24.