Research Article
The Measurement of Green Finance Development Index and Its Poverty Reduction Effect: Dynamic Panel Analysis Based on Improved Entropy Method
Table 7
Regression analysis of the impact of green financial development on poverty alleviation.
| | Variable | Multiple regression analysis | Fixed effect | System GMM |
| | LPK (−1) | | | −0.4143 (−4.7012) | | GFI | 0.1274 (3.0157) | 0.2127 (2.4668) | 0.6370 (1.6604) | | CPI | 0.0135 (8.4430) | 0.0023 (0.9541) | 0.0081 (1.3223) | | LROAD | −0.2127 (−6.6589) | 0.0027 (0.0450) | 0.2304 (1.8444) | | LGV | 0.0230 (0.6828) | −0.1373 (−4.5649) | −0.1381 (−1.0336) | | LOPEN | −0.1682 (−9.0565) | −0.1603 (−3.6618) | −0.4001 (−2.9249) | | LEDU | −0.0459 (−0.9926) | −0.1130 (−1.3100) | 0.2371 (0.7523) | | LASSET | 0.6461 (13.6912) | 0.4365 (5.4059) | 0.9961 (2.4700) | | LPGDP | 0.3081 (10.6054) | 0.7648 (5.2025) | 0.4174 (0.7346) | | CONSTANT TERM | | −0.3215 (−0.8474) | −1.9514 (−1.8837) | | N | 350 | 350 | 325 | | R2 | 0.8815 | 0.9429 | | | F | | 163.7293 | | | AR (1) | | | 0.4741 | | AR (2) | | | 0.1292 | | Hansen test | | | 0.1333 |
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: statistics in parentheses. . |
