Table 4 Moderation effect test of the basic medical insurance system

L.y

0.3638^***

0.2955^***

0.3121^***

0.2031^**

(0.0452)

(0.0680)

(0.0524)

(0.0701)

H_rate

0.0752^*

0.0266

− 0.0682^**

− 0.0175

(0.0426)

(0.0550)

(0.0339)

(0.0607)

Medical

0.0348^***

− 0.0391^***

(0.0047)

(0.0057)

Treat1

− 0.0021^***

0.0021^***

(0.0004)

(0.0004)

Gender

− 0.0773

− 0.0084

0.0315

0.0040

(0.0617)

(0.1015)

(0.0360)

(0.0647)

Edu

0.0617

0.2100^**

0.0008

− 0.1587

(0.0659)

(0.0781)

(0.0818)

(0.0967)

Marry

− 0.1463^*

− 0.0387

− 0.1013^**

− 0.1800^**

(0.0772)

(0.1098)

(0.0466)

(0.0552)

Unemp

0.4868

− 0.1140

0.1258

− 0.0051

(0.6747)

(0.8674)

(0.5259)

(0.9191)

H_size

2.0663^**

1.6371

− 2.7166^***

− 2.3540^**

(0.7903)

(1.3001)

(0.7257)

(0.8482)

Dpd_ratio

− 0.0672

0.0214

0.1215^**

− 0.0358

(0.0565)

(0.0519)

(0.0508)

(0.0495)

Urban

0.0131

− 0.0389

0.0057

0.0552^***

(0.0312)

(0.0260)

(0.0164)

(0.0143)

Social security

− 0.4486^***

− 0.3256^***

0.3092^***

0.2397^***

(0.0604)

(0.0821)

(0.0359)

(0.0589)

Tertiary_gdp

− 0.0658

− 0.0788

− 0.0262

− 0.0074

(0.0452)

(0.0592)

(0.0463)

(0.0302)

Agri_gdp

− 0.0599

0.0369

− 0.0618

− 0.0867^*

(0.0598)

(0.0807)

(0.0400)

(0.0511)

Fixed_asset

0.0952^***

0.0556^***

− 0.0335^***

0.0022

(0.0142)

(0.0164)

(0.0090)

(0.0140)

_cons

60.2023^***

47.4323^**

27.3892^**

44.5522^**

(12.6287)

(21.6084)

(10.6222)

(17.5139)

N

521

521

521

521

Arellano-Bond AR(1) Test

− 4.18^***

− 4.28^***

− 3.46^***

− 3.17^***

Arellano-Bond AR(2) Test

− 0.22

1.03

1.01

1.57

Hansen overidentification test

28.44

27.46

28.79

27.56