Table 5 Endogeneity test results
From: Fintech, regtech, and financial development: evidence from China
Model 1 (\({\mathrm{FD}}_{(\mathrm{D})}\)) | Model 2 (\({\mathrm{FD}}_{(\mathrm{A})}\)) | Model 3 (\({\mathrm{FD}}_{(\mathrm{s})}\)) | |||
|---|---|---|---|---|---|
Chi-sq (1) | P value | Chi-sq (1) | P value | Chi-sq (1) | P value |
12.404*** | 0.0004 | 12.203*** | 0.0005 | 6.108** | 0.0135 |