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

-