Threshold Effect of Financial System on High-Quality Economic Development

Table 5

Significance test of threshold number.

Threshold variable	Model name	F-statistics	value	10%	5%	1%
FCF	Single threshold	41.51	0.0033	19.5630	24.0403	32.7073
	Double threshold	39.54	0.0200	21.6297	29.3412	51.1382
	Triple threshold	14.64	0.3800	42.7008	62.6391	109.2597
AGDP	Single threshold	187.18	0.0000	45.6444	58.7740	96.0616
	Double threshold	11.12	0.7200	29.4165	34.1297	87.7959
RPC	Single threshold	47.88	0.0000	25.2811	32.5121	43.2530
	Double threshold	1.85	1.0000	19.3024	24.1541	35.1465
IDL	Single threshold	218.04	0.0000	21.2039	33.3240	40.7924
	Double threshold	29.87	0.0600	24.7560	30.2114	43.4546
	Triple threshold	12.90	0.2500	15.3707	17.0522	18.2875