Research Article
Research on the Role and Mechanism of Digital Finance in Improving the Performance of Industrial Green Innovation
Table 7
Channel mechanism of digital finance development affecting industrial green innovation performance: household consumption.
| | (1) | (2) | (3) | (4) | | Con | Gip | ec | tc |
| | L.Gip | | 0.2062 (0.0045) | | | | L.ec | | | -0.2057 (0.0042) | | | L.tc | | | | -0.2265 (0.0083) | | Dif | 0.0224 (0.0062) | 0.4007 (0.0616) | -0.1292 (0.0941) | 0.1017 (0.0285) | | Con | | -0.7966 (0.2290) | 1.0983 (0.3004) | -0.2937 (0.1277) | | L.Con | 0.8133 (0.0215) | | | | | Control variables | Yes | Yes | Yes | Yes | | Constant | 1.3287 (0.2480) | 0.1074 (2.4365) | -20.4945 (2.5607) | 1.7151 (1.2568) | | Sargan | 0.3780 | 0.9906 | 0.9966 | 0.9745 | | AR(2) | 0.4536 | 0.5903 | 0.9328 | 0.3020 |
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