The Impact of Green Finance Development on China’s Energy Structure Optimization

Table 9

LR test, Wald test, and Hausmann test.

		LR test		Wald test	Hausmann test
		SAR	SEM
TEC	Statistic	19.570	16.720	16.970	21.690
	Prob.	0.003	0.010	0.009	0.060
REC	Statistic	37.170	38.19	39.770	20.060
	Prob.	≤0.001	≤0.001	≤0.001	0.093