From: Fintech, regtech, and financial development: evidence from China
Variables | (1) | (2) | (3) | (4) | (5) | (6) |
---|---|---|---|---|---|---|
(\({FD}_{(D)}\)) | (\({FD}_{(D)}\)) | (\({FD}_{(S)}\)) | (\({FD}_{(s)}\)) | (\({FD}_{(A)}\)) | (\({FD}_{(A)}\)) | |
\(IRL\) | 0.804*** (0.000) | 0.697*** (0.000) | 0.799*** (0.000) | 0.721*** (0.000) | 0.948*** (0.000) | 0.843*** (0.000) |
\(GDPpc\) | Â | 0.193*** (0.000) | Â | 0.133*** (0.000) | Â | 0.200*** (0.000) |
\(IND\) | Â | 0.061* (0.056) | Â | 0.031 (0.205) | Â | 0.157 (0.152) |
\(FOP\) | Â | 0.002 (0.706) | Â | -0.002 (0.637) | Â | 0.007 (0.379) |
Constant | 16.352*** (0.000) | 14.161*** (0.000) | 15.750*** (0.000) | 14.341*** (0.000) | 15.844*** (0.000) | 13.152*** (0.000) |
Observations | 2,312 | 2,242 | 2,312 | 2,242 | 2,312 | 2,242 |
R-squared | 0.912 | 0.922 | 0.897 | 0.900 | 0.781 | 0.791 |
Number of id | 289 | 282 | 289 | 282 | 289 | 282 |
City FE | Â | Â | Â | Â | Â | Â |
Year FE | Â | Â | Â | Â | Â | Â |