Table 7.
Variable | Regardless of spatial effects | Adjacency matrix |
---|---|---|
Population agglomeration | 0.153*** (5.41) |
0.144*** (5.15) |
Population concentration square term | −0.021*** (−4.41) |
−0.020*** (−3.89) |
Interaction of population agglomeration and fiscal decentralization | −0.003 (−1.41) |
−0.0078** (−2.31) |
Degree of government intervention | 0.031 (1.45) |
0.034 (1.53) |
Level of financial development | 0.024*** (3.54) |
0.025*** (3.56) |
Level of informatization | 0.051*** (4.31) |
0.034*** (3.31) |
Degree of openness | −0.031 (−1.44) |
−0.015* (−1.21) |
R 2 | 0.841 | 0.49 |
logL | 271.23 | 299.11 |
N | 600 | 600 |
represent P < 0.01, P < 0.05, and P < 0.1, respectively.