Research Article
Impact of Financial Development and Its Spatial Spillover Effect on Green Total Factor Productivity: Evidence from 30 Provinces in China
Table 1
Descriptive statistics of variables.
| Models | | Variable | Unit | Obs. | Mean | Std. dev. | Min. | Max. |
| GML index based on SBM-DDF | Input | Labor | 10000 persons | 630 | 2409.412 | 1610.738 | 240.6 | 6636 | Capital | 100 million yuan | 630 | 16358.58 | 19524.31 | 367.3643 | 120714.7 | Energy | 10,000 tce | 630 | 9097.704 | 7158.771 | 302.75 | 38899.25 | Desired output | GDP | 100 million yuan | 630 | 6903.367 | 7837.775 | 167.7983 | 49849.92 | Undesirable output | Waste water | 10000 tons | 630 | 11427.68 | 12065.15 | 182 | 79121.3 | Waste gas | 100 million cube meters | 630 | 72491.2 | 58812.98 | 3453 | 296318 |
| Spatial Durbin model | — | GTFP | — | 600 | 0.9821 | 0.1235 | 0.6419 | 1.5513 | FD | — | 600 | 1.1038 | 0.3599 | 0.5372 | 2.5847 | INN | — | 600 | 14896.36 | 34738.48 | 43 | 269944 | FDI | % | 600 | 2.7781 | 2.715 | 0.0673 | 16.8423 | DGDP | Yuan | 600 | 16783.45 | 13948.17 | 1961.124 | 84375.76 | DENS | Person/km2 | 600 | 1981.962 | 1374.748 | 5 | 6307.376 |
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