Variable | Entirety | Financially developed areas | Financially underdeveloped areas |
(1) | (2) | (3) | |
Green finance composite index | 1.238611*** | 1.121938** | 0.9420915 |
(0.4614502) | (0.5107712) | (1.125479) | |
Control variable | YES | YES | YES |
Constant term | 4.357888*** | 5.097524*** | 2.856292 |
(0.8079439) | (0.8886734) | (1.819275) | |
Number of provinces | 30 | 21 | 9 |
Observed value | 300 | 210 | 90 |