Table 5.
Analysis of mediating effects of lnGDP.
| VARIABLES | Model 5 |
Model 6 |
Model 7 |
Model 8 |
|---|---|---|---|---|
| lnGDP | env | lnGDP | env | |
| FIR | 0.0314*** | 0.0129* | ||
| (7.23) | (1.96) | |||
| FE | −0.0380*** | 0.0294*** | ||
| (−7.92) | (4.02) | |||
| lnGDP | 0.359*** | 0.389*** | ||
| (11.53) | (12.48) | |||
| lnP | 0.179*** | 0.0277 | 0.196*** | 0.0237 |
| (16.16) | (1.57) | (17.91) | (1.35) | |
| FDI | 5.445*** | 3.847*** | 6.420*** | 3.207*** |
| (9.64) | (4.44) | (11.26) | (3.65) | |
| Constant | 9.040*** | −2.974*** | 9.023*** | −3.225*** |
| (130.30) | (−9.90) | (130.28) | (−10.76) | |
| Observations | 2340 | 2340 | 2340 | 2340 |
| Adjusted R-squared | 0.307 | 0.096 | 0.310 | 0.101 |
| F | 87.21 | 20.11 | 88.45 | 21.17 |
Notes: t statistics in parentheses ⁎ p < 0.1, ⁎⁎ p < 0.05, ⁎⁎⁎ p < 0.01.