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.

ModelsVariableUnitObs.MeanStd. dev.Min.Max.

GML index based on SBM-DDFInputLabor10000 persons6302409.4121610.738240.66636
Capital100 million yuan63016358.5819524.31367.3643120714.7
Energy10,000 tce6309097.7047158.771302.7538899.25
Desired outputGDP100 million yuan6306903.3677837.775167.798349849.92
Undesirable outputWaste water10000 tons63011427.6812065.1518279121.3
Waste gas100 million cube meters63072491.258812.983453296318

Spatial Durbin modelGTFP6000.98210.12350.64191.5513
FD6001.10380.35990.53722.5847
INN60014896.3634738.4843269944
FDI%6002.77812.7150.067316.8423
DGDPYuan60016783.4513948.171961.12484375.76
DENSPerson/km26001981.9621374.74856307.376