Table 5 Robustness test of the model.

From: Convergence effect of the Belt and Road Initiative on income disparity: evidence from China

Variables

Replacing the dependent variable

Triple difference estimation

(1) fe

(2) fe

(3) fe

(4) fe

treat × policy

−0.014*** (−4.96)

−0.015*** (−5.06)

  

tridid

  

−0.034*** (−5.55)

−0.035*** (−5.68)

govtec

 

−0.184*** (−4.96)

 

−0.351*** (−4.40)

market

 

−0.002 (−1.30)

 

−0.003 (−1.17)

culture

 

−0.002** (−2.14)

 

−0.002 (−1.13)

human

 

−0.307*** (−3.42)

 

−0.280 (−1.45)

urban

 

0.001 (0.99)

 

−0.001 (0.95)

ln net

 

−0.003** (−2.34)

 

−0.008*** (−2.67)

cons

0.307*** (138.41)

0.317*** (88.78)

0.576*** (120.63)

0.595*** (77.42)

fixed time

Yes

Yes

Yes

Yes

fixed individuals

Yes

Yes

Yes

Yes

Sample size

4304

4304

4304

4304

Adj-R2

0.315

0.322

0.313

0.317

  1. T statistics or Z statistics in parentheses.
  2. ***p < 0.01, **p < 0.05, *p < 0.1.