Spatial Spillover Effect of Financial Flexibility on Investment in China’s Convention and Exhibition Listed Companies

Table 2

Moran’s I of FF and Invest from 2014 to 2016 semiannually.

FF	Moran’s I	Z-statistic	value	Invest	Moran’s I	Z-statistic	value
201412	0.744	2.653	0.001	201412	0.309	4.389	0.005
201506	0.684	2.753	0.002	201506	0.322	4.546	0.004
201512	0.726	2.543	0.003	201512	0.735	3.650	0.003
201606	0.343	2.617	0.008	201606	0.873	3.104	0.001