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Financial Innovation

Table 5 Robustness tests

From: Digital finance and renewable energy consumption: evidence from China

Variable

Wind energy consumption

(1)

(2)

(3)

(4)

(5)

(6)

lnGDF

4.515*** (1.262)

     

lnBDF

 

3.575*** (0.918)

    

lnDDF

  

1.466* (0.789)

   

lnPDF

   

0.663 (0.572)

  

lnCDF

    

0.646** (0.295)

 

lnIDF

     

− 0.161 (0.756)

Controls (Same as Table3)

Yes

Yes

Yes

Yes

Yes

Yes

Province effects

Fix

Fix

Fix

Fix

Fix

Fix

Year effects

Fix

Fix

Fix

Fix

Fix

Fix

N

180

180

180

180

180

180

R2

0.949

0.950

0.944

0.943

0.944

0.942

  1. ***, **, and * denote significance at the 1%, 5%, and 10% levels, respectively
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