Research Article

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

Table 6

Sequential tests for mediating effects of residents’ employment space: full sample.

(1)(2)(3)(4)(5)(6)
ModelsEquation (2)Equation (3)Equation (4)Equation (2)Equation (3)Equation (4)

DF0.01070.01200.00540.01070.00630.0057
(0.0011)(0.0008)(0.0006)(0.0011)(0.0012)(0.0005)
Internet business activities0.0341
(0.0039)
Internet work0.0495
(0.0031)
Individual characteristic variablesYesYesYesYesYesYes
Observations232932489810926232932247810624
Adjusted R20.62620.27500.28540.62620.25820.3016

, , and denote passing the 1%, 5%, and 10% significance tests, respectively; values in parentheses below the coefficients are robust standard errors; individual characteristic variables in the table are the same as in Table 2, and the report of coefficient for individual characteristic variables is omitted for space.