Research Article

[Retracted] Participation in Targeted Poverty Alleviation and Enterprise Innovation Investment: Analysis of the Mediating Effect Test Model Based on Financing Constraints

Table 7

Robustness test of model transformation.

Variable(1)(2)(3)(4)(5)(6)
RDRD1RD2RDRD1RD2

TPA0.1660.1470.0290.1650.1460.029
(2.58)(2.70)(0.99)(2.57)(2.68)(1.00)
KZ-0.065-0.0810.023
(-2.67)(-3.93)(2.04)
Size0.0360.0000.126-0.000-0.0450.138
(0.50)(0.00)(3.81)(-0.00)(-0.73)(4.12)
Age-1.438-0.992-0.087-1.459-1.018-0.080
(-2.83)(-2.31)(-0.37)(-2.88)(-2.37)(-0.34)
ROA-4.818-4.4640.055-5.015-4.7090.124
(-6.97)(-7.62)(0.17)(-7.21)(-8.00)(0.39)
Growth-0.638-0.477-0.141-0.680-0.529-0.126
(-10.31)(-9.10)(-4.95)(-10.66)(-9.79)(-4.30)
Lev-2.871-2.803-0.284-2.537-2.386-0.401
(-10.34)(-11.91)(-2.22)(-8.33)(-9.26)(-2.87)
Pay-0.640-0.467-0.267-0.648-0.477-0.264
(-4.05)(-3.49)(-3.69)(-4.11)(-3.57)(-3.65)
CFO-0.0730.161-0.182-0.954-0.9370.127
(-0.17)(0.43)(-0.90)(-1.73)(-2.01)(0.50)
PPE1.1430.6040.4701.2840.7800.420
(3.04)(1.90)(2.72)(3.38)(2.43)(2.41)
Top10.4320.588-0.1500.4150.567-0.144
(1.00)(1.60)(-0.75)(0.96)(1.55)(-0.72)
Dual0.0740.0700.0180.0720.0670.019
(0.91)(1.01)(0.49)(0.88)(0.97)(0.51)
Bsize-0.047-0.0760.024-0.044-0.0730.023
(-1.56)(-3.00)(1.77)(-1.46)(-2.85)(1.69)
Indep-1.379-1.7060.076-1.305-1.6140.050
(-1.80)(-2.63)(0.21)(-1.70)(-2.49)(0.14)
Constant10.0329.310-2.21010.74310.197-2.460
(4.25)(4.66)(-2.04)(4.53)(5.07)(-2.26)
YearYesYesYesYesYesYes
IndustryYesYesYesYesYesYes
FirmYesYesYesYesYesYes
850085008500850085008500
0.1100.1120.0430.1110.1150.044