How Does Technological Progress Affect Provincial Financial Resilience? Evidence at the provincial level in China

1. The research area in this paper is 30 inland provinces in China from 2011-2021, the Tibet Autonomous Region is excluded due to incompleteness of data. Our data are derived from the China Statistical Yearbook, Provincial Statistics Yearbook, Financial Statistics Yearbook, Wind Database, Guotai’an Database, the People’s Bank of China, the China Banking Regulatory Commission and provincial commercial banks. Missing values are calculated using the weighted moving average method.
2. The entire file package includes two types of file: dta file and do file

3. Variable name and Description：
FR indicates financial resilience
gtfp indicates technological progress
fdizb indicates the ratio of foreign direct investment to GDP
wealfare indicates the ratio of social security expenditures to GDP
er indicates employment rate
humancapital indicates human capital level
edu indicates education level
education indicates social capital
pop indicates population
consume indicates social consumption capacity
interlab indicates employment proportion in the tertiary sector
ter indicates industrial structure improvement
market indicates marketization index
Bakerpolicy2 indicates Chinese economic policy uncertainty
patenten indicates the number of valid invention patents for industrial enterprises above designated size
techmarket indicates technology market development level
actualfdizb indicates share of real foreign direct investment in GDP
pd indicates indicates population density
db indicates year-end deposits balances of provincial commercial banks
lb indicates year-end loan balances of provincial commercial banks
B indicates asset liquidity
ge indicates government intervention

4. We use Stata software for specific regression analysis. After opening the dta file in the Stata interface, we obtain the results by running the regression command of the do file.