Table 3 Results of the fixed-effects model.

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

0.453***

0.994***

−1.044***

(3.983)

(7.472)

(−5.315)

SSR

−0.002

−0.003*

−0.007**

(−1.241)

(−1.976)

(−2.752)

lnINC

0.764***

0.487***

1.702***

(16.460)

(8.965)

(21.203)

EDU

−0.004

0.021*

−0.047**

(−0.423)

(1.986)

(−3.055)

URB

0.000

0.001

0.001

(0.570)

(1.071)

(0.920)

CPI

−0.348

0.120

−1.520*

(−0.985)

(0.290)

(−2.488)

CDR

−0.009***

−0.005***

−0.011***

(−7.125)

(−3.665)

(−5.516)

ODR

0.0143***

0.004*

0.012***

(8.641)

(2.104)

(4.104)

Constant

0.245

−0.633

−1.156

(0.681)

(−1.505)

(−1.862)

Year effects

YES

YES

YES

Province effects

YES

YES

YES

Observations

682

682

682

R2

0.994

0.990

0.986

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