Research Article

Threshold Effect of Financial System on High-Quality Economic Development

Table 3

Descriptive statistics of variables.

ā€‰MeaningMean valueMaximal valueMinimal valueStandard deviation

TFPHigh-quality economic development1.94622.1880.8931.595
FCFFinancial system2.2621.2390.0810.177
AGDPEconomic development level4.05312.9060.6232.389
IDLIndustrial structure4.40111.8400.7682.001
RPCInfrastructure1.26611.9390.1171.796
ITRInvestment rate0.7051.4790.2370.235
PGRPopulation growth rate5.32111.781-0.0062.661
UBRUrbanization rate0.5340.8960.2750.136
IDRIndustrialization rate0.4660.6140.1920.082