Table 10 Test results of the action mechanism.
Explained variables | CMDI | GDP per capita | Rural per capita disposable income | Fixed assets investment level | Quality of cultivated land | Employment opportunity |
|---|---|---|---|---|---|---|
a. Test results of the action mechanism (infrastructure construction) | ||||||
c.did #c. Infrastructure construction | 2.172*** | 0.906*** | 0.692*** | 1.780*** | 1.076 | 0.013** |
(0.156) | (0.047) | (0.027) | (0.083) | (2.508) | (0.007) | |
DID | −5.347*** | −2.203*** | −1.747*** | −4.376*** | −1.847 | −0.024 |
(0.395) | (0.118) | (0.068) | (0.211) | (6.365) | (0.017) | |
Urban-rural structure | 0.181** | −0.390*** | −0.115*** | 0.102** | 1.891 | 0.193*** |
(0.086) | (0.026) | (0.015) | (0.046) | (1.381) | (0.004) | |
Industrial scale | 0.030 | 1.138*** | 0.319*** | 0.162*** | −7.501*** | −0.020*** |
(0.085) | (0.025) | (0.015) | (0.045) | (1.360) | (0.004) | |
Information level | −0.009 | −0.006 | −0.007*** | −0.023*** | 0.214 | −0.004*** |
(0.012) | (0.004) | (0.002) | (0.007) | (0.199) | (0.001) | |
Social consumption power | −0.119*** | 0.000 | −0.021*** | −0.071*** | −0.932*** | 0.003*** |
(0.014) | (0.004) | (0.002) | (0.007) | (0.217) | (0.001) | |
County population density | 0.187*** | −0.284*** | 0.064*** | 0.203*** | −0.567 | −0.045*** |
(0.060) | (0.018) | (0.010) | (0.032) | (0.970) | (0.003) | |
Constant term | 0.372 | 8.714*** | 7.702*** | −0.791*** | 27.277*** | 0.585*** |
(0.391) | (0.117) | (0.068) | (0.209) | (6.289) | (0.017) | |
Observed value | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 |
R2 | 0.423 | 0.918 | 0.946 | 0.480 | 0.317 | 0.845 |
Time fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |
Individual fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |
b. Test results of the action mechanism (intervention) | ||||||
|---|---|---|---|---|---|---|
c.did #c. Intervention | 0.594*** | −0.160*** | 0.109*** | 0.672*** | −0.438 | −0.002 |
(0.056) | (0.017) | (0.010) | (0.030) | (0.899) | (0.002) | |
DID | −0.095*** | 0.159*** | −0.040*** | −0.149*** | 1.061* | 0.010*** |
(0.035) | (0.010) | (0.006) | (0.019) | (0.562) | (0.001) | |
Urban-rural structure | 0.137 | −0.408*** | −0.129*** | 0.067 | 1.870 | 0.193*** |
(0.086) | (0.026) | (0.015) | (0.046) | (1.380) | (0.004) | |
Industrial scale | 0.135 | 1.172*** | 0.350*** | 0.253*** | −7.466*** | −0.020*** |
(0.084) | (0.025) | (0.015) | (0.045) | (1.356) | (0.004) | |
Information level | −0.015 | −0.005 | −0.008*** | −0.029*** | 0.215 | −0.004*** |
(0.012) | (0.004) | (0.002) | (0.007) | (0.199) | (0.001) | |
Social consumption power | −0.126*** | −0.014*** | −0.025*** | −0.072*** | −0.956*** | 0.002*** |
(0.014) | (0.004) | (0.002) | (0.007) | (0.217) | (0.001) | |
County population density | 0.068 | −0.292*** | 0.034*** | 0.086*** | −0.552 | −0.045*** |
(0.060) | (0.018) | (0.011) | (0.032) | (0.972) | (0.003) | |
Constant term | 0.772** | 8.696*** | 7.793*** | −0.380* | 27.143*** | 0.585*** |
(0.392) | (0.118) | (0.068) | (0.209) | (6.301) | (0.017) | |
Observed value | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 |
R2 | 0.422 | 0.917 | 0.945 | 0.481 | 0.317 | 0.845 |
Time fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |
Individual fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |
c. Test results of the action mechanism (loan) | ||||||
|---|---|---|---|---|---|---|
c.did #c. loan | 0.377** | 0.849*** | 0.757*** | 0.157 | 0.759 | 0.003 |
(0.178) | (0.053) | (0.031) | (0.096) | (2.863) | (0.008) | |
DID | −0.793* | −2.039*** | −1.896*** | −0.262 | −1.029 | 0.002 |
(0.449) | (0.134) | (0.077) | (0.241) | (7.199) | (0.019) | |
Urban-rural structure | 0.143* | −0.396*** | −0.118*** | 0.069 | 1.880 | 0.193*** |
(0.086) | (0.026) | (0.015) | (0.046) | (1.380) | (0.004) | |
Industrial scale | 0.117 | 1.166*** | 0.339*** | 0.235*** | −7.465*** | −0.020*** |
(0.085) | (0.025) | (0.015) | (0.045) | (1.357) | (0.004) | |
Information level | −0.011 | −0.006 | −0.007*** | −0.024*** | 0.213 | −0.004*** |
(0.012) | (0.004) | (0.002) | (0.007) | (0.199) | (0.001) | |
Social consumption power | −0.139*** | −0.002 | −0.021*** | −0.089*** | −0.937*** | 0.003*** |
(0.014) | (0.004) | (0.002) | (0.007) | (0.217) | (0.001) | |
County population density | 0.140** | −0.282*** | 0.069*** | 0.159*** | −0.573 | −0.045*** |
(0.061) | (0.018) | (0.010) | (0.032) | (0.971) | (0.003) | |
Constant term | 0.446 | 8.639*** | 7.628*** | −0.708*** | 27.226*** | 0.585*** |
(0.393) | (0.117) | (0.068) | (0.211) | (6.303) | (0.017) | |
Observed value | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 |
R2 | 0.420 | 0.918 | 0.946 | 0.473 | 0.317 | 0.845 |
Time fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |
Individual fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |
d. Test results of the action mechanism (savings) | ||||||
|---|---|---|---|---|---|---|
c.did #c. savings | 0.345* | 0.763*** | 0.749*** | 0.130 | 1.006 | −0.003 |
(0.206) | (0.062) | (0.036) | (0.111) | (3.306) | (0.009) | |
DID | −0.721 | −1.839*** | −1.890*** | −0.196 | −1.671 | 0.016 |
(0.522) | (0.156) | (0.090) | (0.280) | (8.383) | (0.022) | |
Urban-rural structure | 0.144* | −0.394*** | −0.115*** | 0.069 | 1.888 | 0.193*** |
(0.086) | (0.026) | (0.015) | (0.046) | (1.381) | (0.004) | |
Industrial scale | 0.121 | 1.175*** | 0.347*** | 0.237*** | −7.457*** | −0.020*** |
(0.085) | (0.025) | (0.015) | (0.045) | (1.356) | (0.004) | |
Information level | −0.010 | −0.006 | −0.007*** | −0.024*** | 0.213 | −0.004*** |
(0.012) | (0.004) | (0.002) | (0.007) | (0.199) | (0.001) | |
Social consumption power | −0.140*** | −0.003 | −0.022*** | −0.089*** | −0.936*** | 0.003*** |
(0.014) | (0.004) | (0.002) | (0.007) | (0.217) | (0.001) | |
County population density | 0.136** | −0.290*** | 0.063*** | 0.158*** | −0.572 | −0.046*** |
(0.060) | (0.018) | (0.010) | (0.032) | (0.971) | (0.003) | |
Constant term | 0.453 | 8.657*** | 7.635*** | −0.703*** | 27.195*** | 0.586*** |
(0.393) | (0.117) | (0.068) | (0.211) | (6.306) | (0.017) | |
Observed value | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 | 33,740 |
R2 | 0.420 | 0.918 | 0.946 | 0.473 | 0.317 | 0.845 |
Time fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |
Individual fixed sample | Yes | Yes | Yes | Yes | Yes | Yes |