Table 13 Heterogeneity test results by economic development level.

From: Social security as a buffer: examining the relationship between economic policy uncertainty and rural consumption

 

Model 1

Model 2

Model 3

lnRC

lnRSC

lnRDC

lnEPU

0.128***

0.059*

−0.134**

(4.913)

(2.286)

(−3.098)

lnEPU_level

−0.012***

−0.004

−0.018***

(−3.437)

(−1.358)

(−4.388)

SSR

0.002

−0.000

0.010***

(1.313)

(−0.497)

(5.187)

lnINC

0.964***

0.969***

1.174***

(64.725)

(70.387)

(47.147)

EDU

−0.017*

−0.025**

0.027

(−2.211)

(−3.234)

(1.837)

URB

0.001***

0.000

−0.001

(4.098)

(1.179)

(−1.777)

CPI

−0.030

−0.080

−1.068*

(−0.108)

(−0.281)

(−2.329)

CDR

0.001

0.004***

−0.004**

(0.944)

(3.712)

(−2.940)

ODR

0.004*

0.003

0.006*

(2.580)

(1.676)

(2.094)

Constant

−0.473

−0.588*

−1.368**

(−1.709)

(−2.069)

(−2.992)

Observations

682

682

682

R2

0.978

0.975

0.956

  1. Note: ***, **, and * indicate significance at the 1%, 5%, and 10% levels, respectively.
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