Impact of Digital Inclusive Finance on Rural High-Quality Development: Evidence from China

Table 10

GMM estimation results.

		Systematic GMM				Iterative GMM
		Estimate	S.E.	95% confidence interval		Estimate	S.E.	95% confidence interval
				Upper limit	Lower limit			Upper limit	Lower limit
Endogenous explanatory variable	DIF	0.376 (0.000)	0.106	0.167	0.584	0.83 (0.00)	0.16	0.52	1.14
Exogenous variable	LAB	0.219 (3.959)	0.055	0.111	0.328	−0.02 (0.02)	0.01	−0.03	0.00
	GOV	0.06 (0.12)	0.37	−0.01	0.13	0.04 (0.05)	0.02	0.00	0.08
	OPE	0.82 (0.06)	0.44	−0.04	0.13	0.75 (0.00)	0.23	0.28	1.21
CONS		−1.73 (0.15)	1.21	−4.10	0.64	−0.26 (0.68)	0.63	−1.49	0.97