Table 11 Endogeneity results based on the IV-Oprobit method.
Variable | 1st-stage | 2nd-stage |
---|---|---|
LnRLEI | Rural residents’ SWB | |
(1) | (2) | |
\(\mathrm{ln}{Avg}\_{{RLEI}}_{I}\) | 0.626***(0.016) | |
LnRLEI | 0.498***(0.134) | |
atanhrho_12 | 0.471***(0.123) | |
1st-stage F-statistic | 213.93 | |
Control variables | Yes | Yes |
R2/Pseudo R2 | 0.333 | 0.394 |
Observations | 2567 | 2723 |
Village dummy variable | Yes | Yes |
Year dummy variable | Yes | Yes |