Research Article

Whether Digital Financial Inclusion Can Improve Capital Misallocation or Not: A Study Based on the Moderating Effect of Economic Policy Uncertainty

Table 4

Spatially relevant coefficients.

WeightGeographical adjacencyEconomic distance

VariableEtdDifiEtdDifi
2011−0.0280.219−0.1160.048
2012−0.1830.272−0.1440.267
2013−0.0220.0810.1440.039
20140.164−0.0170.1480.023
20150.0800.437−0.030−0.063
20160.2450.0640.0100.101
20170.0690.031−0.1290.090
2018−0.0380.529−0.0610.210
2019−0.0950.486−0.0360.269

Note. The bracketed figure is a standard deviation. , , and represent that the figure is evident at, respectively, 1%, 5%, and 10% levels.