Table 4.

OLS model results

VariableCoefSEtp[0.025 0.975]VIF
Human capital0.0010.0070.1740.1372.5490.0012.549
Fiscal support−0.0020.005−0.3580.2761.348−0.0021.348
Foreign investment−0.0010.005−0.1460.1151.593−0.0011.593
Urbanization rate0.0050.0070.6540.4352.6960.0052.696
Enterprise size0.0040.0052.0740.048**1.2510.0041.251
Asset size0.0070.0072.5810.012**2.8350.0072.835
Ownership structure−0.0010.005−2.1640.034*1.426−0.0011.426
Environmental regulation intensity0.0030.0052.2910.028*1.4480.0031.448
R-squared0.6230.623
Adj. R-squared0.6050.605
F-statistic16.19216.192
Prob (F-statistic)0.000*0.000*
AICc58.40158.401
Note(s):

AICc = Akaike Information Criterion, corrected

Source(s): Authors’ own work

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