Table 3 Impact of Fintech and... | Emerald Publishing

Table 3

Impact of Fintech and traditional determinants on unemployment

	Model 1				Model 2				Model 3
Unemployment	Coefficient	p>\|z\|	[95% conf. Interval]		Coefficient	p>\|z\|	[95% conf. Interval]		Coefficient	p>\|z\|	[95% conf. Interval]
GDPA	−0.5003	0.324	0.5003	−1.0213**	−1.0213**	0.048	−2.0344	−0.0082
GDPC	0.5660	0.248	0.5665	1.0338**	1.0338**	0.038	0.05669	2.0109
HCI	0.2622	0.951	0.2622	−8.1736**	−8.1736**	0.036	−15.8002	−0.5471
FDI	−0.0168	0.915	−0.0168	−0.09233	−0.0923	0.546	−0.3918	0.20721
GFCF	0.0350	0.507	0.0352	0.01883	0.01883	0.761	−0.1026	0.14033
BA	−5.512***	0.001	−5.5127						−5.9872***	0.000	−8.3045	−3.6698
IU	1.6017	0.655	1.6012						6.9136*	0.10	−1.4867	15.3138
DP	−7.3234**	0.046	−7.3237						−7.0696**	0.019	−12.9752	−1.1603
MDP	8.8117**	0.048	8.8117	8.8117**					9.1124	9.11294	9.11294	9.1129
MMA									−1.0811	−1.0811	−1.0811	−1.0811
_cons	7.3245***	0.009	7.3245	7.3245***	10.9697***	0.000	5.678726	16.2607	4.6252	0.0254	7.6584	8.6258
R-squared	0.5389				0.2757				0.5191
χ² (p-value)	30.69 (0.000)				9.28*** (0.08)				34.22(0.000)

	Model 1				Model 2				Model 3
Unemployment	Coefficient	p>\|z\|	[95% conf. Interval]		Coefficient	p>\|z\|	[95% conf. Interval]		Coefficient	p>\|z\|	[95% conf. Interval]
GDPA	−0.5003	0.324	0.5003	−1.0213**	−1.0213**	0.048	−2.0344	−0.0082
GDPC	0.5660	0.248	0.5665	1.0338**	1.0338**	0.038	0.05669	2.0109
HCI	0.2622	0.951	0.2622	−8.1736**	−8.1736**	0.036	−15.8002	−0.5471
FDI	−0.0168	0.915	−0.0168	−0.09233	−0.0923	0.546	−0.3918	0.20721
GFCF	0.0350	0.507	0.0352	0.01883	0.01883	0.761	−0.1026	0.14033
BA	−5.512***	0.001	−5.5127						−5.9872***	0.000	−8.3045	−3.6698
IU	1.6017	0.655	1.6012						6.9136*	0.10	−1.4867	15.3138
DP	−7.3234**	0.046	−7.3237						−7.0696**	0.019	−12.9752	−1.1603
MDP	8.8117**	0.048	8.8117	8.8117**					9.1124	9.11294	9.11294	9.1129
MMA									−1.0811	−1.0811	−1.0811	−1.0811
_cons	7.3245***	0.009	7.3245	7.3245***	10.9697***	0.000	5.678726	16.2607	4.6252	0.0254	7.6584	8.6258
R-squared	0.5389				0.2757				0.5191
χ² (p-value)	30.69 (0.000)				9.28*** (0.08)				34.22(0.000)

Note(s): *p< 0.1, ** p < 0.05, *** p < 0.01

Source(s): Authors’ calculations