Table 5 Income substitution effects.
Variable | Per capita disposable income for all residents | Per capita disposable income for urban residents | Per capita disposable income for rural residents | Theil index |
---|---|---|---|---|
CTGT | 0.138*** (0.021) | 0.106*** (0.019) | 0.071*** (0.009) | − 0.005*** (0.001) |
Control variable | Controlled | Controlled | Controlled | Controlled |
Constant | − 1.551*** (0.332) | − 1.230*** (0.313) | − 1.337*** (0.148) | 0.214*** (0.011) |
R2 | 0.887 | 0.872 | 0.860 | 0.811 |
Observation | 3080 | 3080 | 3080 | 3080 |