Variables (Y = Pure technical efficiency) | (1) | (2) | (3) |
---|---|---|---|
Baseline Model | Tobit Model with LSDV | Tobit Model with Random Effects | |
Post*Pilot Reform | −0.030** | −0.029*** | −0.024*** |
(0.012) | (0.008) | (0.008) | |
Log GDP per capita | −0.068 | −0.063** | 0.054** |
(0.055) | (0.030) | (0.024) | |
Log Government Revenue | −0.003 | −0.003 | 0.033** |
(0.018) | (0.014) | (0.017) | |
Log Government Expenditure | −0.037 | −0.038* | −0.023 |
(0.025) | (0.021) | (0.016) | |
Services Industry Proportion | 0.300* | 0.279*** | 0.635*** |
(0.161) | (0.102) | (0.096) | |
Log Healthcare Institution Bed | −0.022 | −0.017 | −0.032* |
(0.021) | (0.013) | (0.018) | |
Share of Education Enrollment | −0.000 | −0.001 | 0.004** |
(0.004) | (0.002) | (0.002) | |
Year Effects | Yes | Yes | NO |
Individual Effects | Yes | Yes | NO |
Rho | 0.578 | ||
Log likelihood | 2291.96 | 1193.35 | |
N | 2555 | 2555 | 2555 |