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Table 6 Endogeneity regression results

From: Does privatization decrease the structural efficiency in the Chinese hospital sector?

 

(1)

(2)

VARIABLES

PPH

AERAE

RGDP

-0.028

-0.027

 

(-0.56)

(-1.18)

PPH1

0.169c

-0.074c

 

(2.65)

(-3.22)

PTH

0.049

-0.020

 

(0.81)

(-0.75)

TPD

-0.447b

0.062

 

(-2.39)

(0.73)

GHCP

0.036

-0.923b

 

(0.68)

(-2.43)

PM

0.181

0.170

 

(0.48)

(1.01)

RSU

0.179b

0.018b

 

(2.20)

(2.67)

Constant

-2.918

-0.845

 

(-1.29)

(-0.83)

Observations

310

310

R-squared

0.725

0.557

Number of id

31

31

code FE

YES

YES

year FE

YES

YES

  1. The results in column 1 indicate that the core explanatory variables and the instrumental variables are highly correlated; column 2. the results of the instrumental variables regression
  2. YSE indicates that fixed effects were controlled, NO indicates that fixed effects were not controlled
  3. t-values in parentheses
  4. a, b and c denote statistical significance at the 10 per cent, 5 per cent and 1 per cent levels, respectively