Table 2 The instrument validity tests.

From: Does rural cluster residence increase gift-giving expenditure of rural households?—evidence from Sichuan province in China

 

(1)

(2)

(3)

Variable

ReCR

ReCR

Y

 

Full sample

Sub-sample

Sub-sample

ReCR

   

Sub_ReCR

0.031*** (0.009)

0.046 (0.053)

0.107 (0.066)

Controls

Yes

Yes

Yes

Within-town villages group FE

Yes

Yes

Yes

Observations

3550

250

250

Cragg-Donald Wald F statistic

184.62

  
  1. ***, **, and * indicate significance at the level of 1%, 5%, and 10% respectively. Standard errors are clustered at the village level.
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