Table 3 The determinants of participating in NRECDP and its impacts on rural income.
Outcome equation (income) | ||||||
---|---|---|---|---|---|---|
Selection Equation | In NRECDP | Not in NRECDP | ||||
Coe. | Std.Err. | Coe. | Std.Err. | Coe. | Std.Err. | |
digfin | 3.183*** | 0.170 | 0.401*** | 0.025 | 0.292*** | 0.025 |
Inf | 0.114** | 0.052 | −0.006 | 0.006 | −0.004 | 0.006 |
Finance | 0.213 | 0.297 | −0.030 | 0.025 | −0.080 | 0.057 |
ind | 1.139*** | 0.377 | 0.283*** | 0.051 | 0.369*** | 0.073 |
popint | −4.147 | 2.884 | 2.819*** | 0.613 | 0.053** | 0.026 |
edu | −0.027 | 0.063 | 0.175*** | 0.016 | 0.067*** | 0.026 |
pgdp | 0.224** | 0.098 | 0.216*** | 0.020 | 0.007*** | 0.003 |
Taobao | 0.718*** | 0.224 | 0.006** | 0.004 | 0.029 | 0.023 |
Slop | −0.320*** | 0.079 | ||||
cons | −1.347 | 1.809 | 6.863*** | 0.214 | 5.755*** | 0.249 |
\({\sigma }_{p}\) | 0.105*** | 0.017 | ||||
\({\sigma }_{{np}}\) | 0.100*** | 0.006 | ||||
\({\rho }_{p}\) | −0.431*** | 0.134 | ||||
\({\rho }_{{np}}\) | −0.102** | 0.044 | ||||
LR Test of indep. | 14.46*** | |||||
Log likelihood | 1193.482 | |||||
Obs | 3020 | 3020 | 3020 |