Research Article

Threshold Effect of Financial System on High-Quality Economic Development

Table 4

Matching between financial system and high-quality economic development.

FCFITRPGRUBRIDR

TFP−0.89802
(−1.98)
−1.36559
(−1.97)
0.31080∗∗
(3.04)
8.55228∗∗
(3.10)
−10.98957∗∗∗
(−6.04)

Note. ∗, ∗∗, and ∗∗∗ mean passing the significance level test at the level of 10%, 5%, and 1%, respectively, and statistics of t are in brackets.