Table 5.

Threshold model regression results of loan size and carbon emissions.

Test Variable	Threshold Variable
	rd	ci	cp	is
rd		0.1797 ***	−0.1645	0.0676
		(4.9906)	(−0.77)	(1.65)
ci	0.0788 ***		0.0731 ***	0.0511 ***
	(10.35)		(9.35)	(4.38)
cp	0.8855 ***	1.9272 ***		1.2418 ***
	(2.93)	(4.5368)		(3.02)
is	0.3163 ***	0.4262 ***	0.2491 ***
	(7.16)	(7.7319)	(7.40)
li_1	−1.1345 ***	−1.3216 ***	−3.6106 ***	−5.5924 ***
	(−3.21)	(−2.6830)	(−8.62)	(−5.18)
li_2	−2.5856 ***	12.2881 ***	−1.2413 ***	−2.5178 ***
	(−5.35)	(3.6818)	(−4.29)	(−4.29)
li_3				−0.6199
				(−1.33)
cons	8.4149 ***	7.9468 ***	8.8854 ***	9.0330 ***
	(39.65)	(37.84)	(88.74)	(53.77)
R2	0.9288	0.7518	0.9239	0.8022

Note: () is T-test statistic; *** and ** are significant at 1% and 5% significance levels, respectively.