Mathematical Problems in Engineering

Research Article

The Green Credit Policy Impact on the Financial Performance of Commercial Banks: A Quasi-Natural Experiment from China

Table 6

Robustness tests.


Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)
Variables	PROFIT	N-PROFIT	PROFIT	PROFIT	PROFIT	PROFIT	PROFIT

TREAT∗POST	0.158	0.0709	—	0.0675	0.150	0.144	0.132
	(2.14)	(2.07)	—	(1.97)	(2.48)	(2.55)	(1.65)
TREAT∗POST₂	—	—	0.0901	—	—	—	—
	—	—	(2.42)	—	—	—	—
SIZE	0.950	0.777	0.787	0.737	1.116	1.079	1.106
	(5.46)	(9.96)	(9.45)	(7.55)	(8.67)	(8.41)	(8.63)
NPLR	−0.254	−0.209	−0.231	−0.274	−0.215	−0.221	−0.223
	(−4.02)	(−10.99)	(−11.30)	(−13.04)	(−6.89)	(−7.04)	(−7.12)
CIR	−1.502	−1.336	−1.342	−1.655	−1.968	−1.984	−2.104
	(−2.30)	(−5.38)	(−5.05)	(−5.65)	(−4.81)	(−4.86)	(−5.13)
CAR	0.00872	0.0470	0.0494	0.0293	0.0121	0.0120	0.00833
	(0.40)	(5.37)	(5.25)	(3.15)	(0.84)	(0.84)	(0.57)
LDR	0.718	0.183	0.155	−0.00718	0.323	0.375	0.401
	(2.67)	(1.52)	(1.21)	(-0.05)	(1.63)	(1.90)	(2.04)
NIIR	0.207	−0.106	−0.127	0.0605	0.0514	0.0719	0.0659
	(0.90)	(−1.39)	(−1.55)	(0.75)	(0.41)	(0.57)	(0.53)
GRGDP	0.000530	0.0665	0.0659	0.114	—	—	—
	(0.02)	(4.38)	(4.06)	(2.06)	—	—	—
MP	1.328	−8.511	−8.604	7.020	−14.62	−14.24	−15.20
	(0.24)	(−9.01)	(−8.53)	(2.00)	(−9.34)	(−9.17)	(−9.58)
Spatial rho	—	—	—	—	—	0.177	0.209
	—	—	—	—	—	(2.80)	(2.88)
Spatial λ	—	—	—	—	0.223	—	—
	—	—	—	—	(3.09)	—	—
CONSTANT	−3.957	−9.615	−9.606	−14.49	—	—	—
	(−0.76)	(−4.28)	(−4.00)	(−2.15)	—	—	—
Time fixed effect	YES	YES	YES	YES	YES	YES	YES
Observation	318	496	496	372	496	496	496
Adj R²	0.577	0.514	0.505	0.571	—	—

Notes: , , and indicate that the estimated coefficients are significant at the 10%, 5%, and 1% levels, respectively. The numbers in parentheses are t statistics. The results are based on STATA 16.0 estimation.