Table 8 Moderating effects of the urbmi on the impact of health shocks on resident consumption upgrading

L.CUP1

0.3638^***

0.1442^*

0.3121^***

0.0215

(0.0452)

(0.0797)

(0.0524)

(0.0856)

H_rate

0.0752^*

0.0532

− 0.0682^**

− 0.0141

(0.0426)

(0.0766)

(0.0339)

(0.0955)

UEBMI

− 0.0239

− 0.0694

(0.0396)

(0.0538)

Treat5

− 0.0022

0.0056

(0.0027)

(0.0042)

Gender

− 0.0773

− 0.0116

0.0315

0.1066

(0.0617)

(0.0798)

(0.0360)

(0.0666)

Edu

0.0617

0.0557

0.0008

− 0.0460

(0.0659)

(0.1565)

(0.0818)

(0.1154)

Marry

− 0.1463^*

− 0.2442^**

− 0.1013^**

− 0.1117

(0.0772)

(0.1243)

(0.0466)

(0.1130)

Unemp

0.4868

0.4879

0.1258

− 0.5231

(0.6747)

(0.9984)

(0.5259)

(0.7100)

H_size

2.0663^**

− 0.1586

− 2.7166^***

− 6.4706^**

(0.7903)

(2.2242)

(0.7257)

(2.4087)

Dpd_ratio

− 0.0672

0.0983

0.1215^**

0.2562^**

(0.0565)

(0.1403)

(0.0508)

(0.1130)

Urban

0.0131

− 0.0578

0.0057

0.0645

(0.0312)

(0.0633)

(0.0164)

(0.0507)

Social security

− 0.4486^***

− 0.4530^***

0.3092^***

0.4322^***

(0.0604)

(0.0634)

(0.0359)

(0.0647)

Tertiary_gdp

− 0.0658

− 0.0739

− 0.0262

− 0.0116

(0.0452)

(0.0709)

(0.0463)

(0.0408)

Agri_gdp

− 0.0599

− 0.1673^**

− 0.0618

− 0.0033

(0.0598)

(0.0694)

(0.0400)

(0.0435)

Fixed_asset

0.0952^***

0.0805^***

− 0.0335^***

0.0140

(0.0142)

(0.0231)

(0.0090)

(0.0119)

_cons

60.2023^***

82.7749^***

27.3892^**

30.3903^**

(12.6287)

(16.2190)

(10.6222)

(15.0284)

N

521

306

521

306

Arellano-Bond AR(1) Test

− 4.18^***

− 3.60^**

− 3.46^***

− 2.97^***

Arellano-Bond AR(2) Test

− 0.22

1.26

1.01

1.13

Hansen overidentification test

28.44

29.12

28.79

26.71