Research Article

Does Digital Finance Induce Improved Financing for Green Technological Innovation in China?

Table 2

The basic regression results.

(1)(2)(3)(4)
GreeninnoGreeninnoGreeninnoGreeninno

L.Dfina0.4740
(3.187)
L.Dfinabre0.3584
(2.643)
L.Dfinadep0.3327
(2.092)
L.Dfinadigtal0.2543
(1.241)
Control variablesYesYesYesYes
Time effectYesYesYesYes
Industry effectYesYesYesYes
_Cons1.0398−3.0097−2.9914−2.9577
(6.154)(−8.780)(−8.740)(−8.663)
N4961496049604960
r2_a0.03900.11910.11860.1181

t statistics in parentheses;  < 0.1,  < 0.05, and  < 0.01.