[Retracted] How Does Digital Finance Affect People’s Income: Evidence from China

Table 11

Mediating effects of credit: grouped by high and low skills.

	High-skilled laborers			Low-skilled laborers
Models	Equation (8)	Equation (9)	Equation (10)	Equation (8)	Equation (9)	Equation (10)
DF	0.0040	0.9653	0.0016	0.0071	0.9639	0.0042
	(0.0005)	(0.0965)	(0.0014)	(0.0008)	(0.1197)	(0.0010)
Credit			0.0022			0.0027
			(0.0011)			(0.0015)
Individual characteristic variables	Yes	Yes	Yes	Yes	Yes	Yes
Observations	1332	2171	1332	9049	32544	9049
Adjusted R2	0.3950	0.9206	0.3959	0.1749	0.8546	0.1764

Same as Table 6.