Research Article

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

Table 7

Mediation effects of Internet information access and credit tested sequentially: full sample.

(1)(2)(3)(4)(5)(6)
ModelsEquation (5)Equation (6)Equation (7)Equation (8)Equation (9)Equation (10)

DF0.01070.00560.01030.01071.06330.0073
(0.0011)(0.0024)(0.0011)(0.0011)(0.1382)(0.0014)
Internet information access0.0150
−0.003
Credit0.0030
−0.0012
Individual characteristic variablesYesYesYesYesYesYes
Observations232934350520021232936026723293
Adjusted R20.62620.34760.63420.62620.92420.6266

, , 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.