| Variable name | Variable definition | symbol | unit |
Explained variable | Variable name | GDP value after deducting the output value of the financial industry and real estate industry, logarithm | Real | - |
Explanatory variable | Green finance composite index | Entropy weight method | Green | - |
Control variable | Urbanization rate | Urban population * 100/total population | X1 | % |
| Opening rate | Total import and export trade * 100/GDP | X2 | % |
| Government intervention rate | Fiscal expenditure * 100/GDP | X3 | % |
| Industrial structure level | Output value of the secondary industry * 100/output value of the primary industry | X4 | % |
| Proportion of people in higher education | Number of college students/ number of students enrolled | X5 | - |
| Per capita GDP | Real GDP per capita, logarithm | X6 | - |