Table 4 Estimation results of the impact of rural AIS integration on the urban-rural income gap.
Variables | System GMM (1) ingap | Difference GMM (2) ingap | System GMM (3) theil | |||
|---|---|---|---|---|---|---|
Coefficient | Standard error | Coefficient | Standard error | Coefficient | Standard error | |
\({{\rm{i}}{\rm{ngap}}}_{-1}\) | 0.630*** | 0.106 | 0.642*** | 0.078 | ||
\({{\rm{theil}}}_{-1}\) | 0.572*** | 0.098 | ||||
aisin | −0.474*** | 0.183 | −0.443** | 0.203 | −0.029** | 0.014 |
urban | −0.664** | 0.305 | −0.943*** | 0.278 | −0.123*** | 0.038 |
inter | 0.141* | 0.0729 | 0.086* | 0.052 | 0.013** | 0.005 |
rpcap | 0.111 | 0.200 | 0.030 | 0.181 | 0.003*** | 0.001 |
hucap | −0.044 | 0.061 | −0.019 | 0.034 | −0.000 | 0.002 |
polic | 0.071* | 0.036 | 0.022* | 0.012 | 0.003*** | 0.001 |
fiser | 0.128 | 0.098 | 0.321*** | 0.116 | 0.008 | 0.007 |
constant | 1.613** | 0.740 | 0.107*** | 0.032 | ||
AR(1) z value (P value) | −2.36 (0.018) | −3.08 (0.002) | −1.79 (0.073) | |||
AR(2) z value (P value) | −0.65 (0.515) | −1.40 (0.160) | −1.31 (0.189) | |||
Hansen test (P value) | 27.18 (0.165) | 25.39 (0.148) | 23.19 (0.143) | |||
Instruments | 30 | 27 | 26 | |||
Observations | 420 | 420 | 420 | 420 | 420 | |