Specifically, the regression coefficient of fiscal expenditure has a positive trend at the 1 % significance level; the coefficient of the cross-multiplier term of fiscal expenditure and environmental governance target pressure has a negative trend at the 10 % significance level; and the coefficient of the squared cross-multiplier term of fiscal expenditure and environmental governance target pressure has a significant positive trend (the significance level is 5 %).
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Influence of local governments on the greening of the manufacturing sector: A perspective on environmental governance objectives.
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The sentences
Specifically, the regression coefficient of fiscal expenditure has a positive trend at the 1 % significance level; the coefficient of the cross-multiplier term of fiscal expenditure and environmental governance target pressure has a negative trend at the 10 % significance level; and the coefficient of the squared cross-multiplier term of fiscal expenditure and environmental governance target pressure has a significant positive trend (the significance level is 5 %).
As can be seen from the figure, China's MGTFP shows an overall trend of steady growth.