Table 9 Moderating effects of the urrbmi on the impact of health shocks on resident consumption upgrading

L.CUP1

0.9872

0.5776^**

− 0.2610

0.0414

(4.1826)

(0.2546)

(2.7284)

(0.2272)

H_rate

− 0.5132

1.1640

− 0.4704

0.0000

(6.4688)

(1.2250)

(3.0481)

(.)

URRBMI

0.2089

0.0201

(0.3089)

(0.0784)

Treat6

− 0.0139

− 0.0010

(0.0193)

(0.0043)

Gender

0.8142

0.1220

0.5167

0.1219

(6.5247)

(0.1371)

(2.7730)

(0.1918)

Edu

0.0962

− 0.1041

− 0.4752

0.1912

(1.9806)

(0.4192)

(2.3504)

(0.3564)

Marry

− 0.2614

− 0.1631

0.6938

0.3494

(1.6946)

(0.2007)

(1.3341)

(0.6250)

Unemp

− 14.6267

0.0000

− 10.1800

0.0000

(151.2354)

(.)

(69.8111)

(.)

H_size

− 1.0495

0.0000

− 0.1659

0.0000

(43.1850)

(.)

(19.8605)

(.)

Dpd_ratio

0.5127

0.1217

− 0.3872

0.0411

(2.7412)

(0.2796)

(0.8627)

(0.2946)

Urban

0.4587

0.0300

− 0.1117

− 0.1717

(2.9199)

(0.1352)

(2.4966)

(0.4768)

Social security

1.5897

0.0000

1.4914

− 0.0274

(15.9932)

(.)

(8.5958)

(0.5830)

Tertiary_gdp

− 1.5226

0.0481

− 0.3452

− 0.0254

(13.0963)

(0.3117)

(5.1275)

(0.3015)

Agri_gdp

− 0.3547

− 0.1083

− 0.2016

0.0662

(3.6342)

(0.1186)

(1.2043)

(0.1495)

Fixed_asset

− 0.9444

− 0.1347

− 0.2585

0.0636

(6.8571)

(0.1480)

(2.9897)

(0.2544)

_cons

0.0000

0.0000

0.0000

0.0000

(.)

(.)

(.)

(.)

N

62

62

62

62

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