Digital Inclusive Finance, Multidimensional Education, and Farmers’ Entrepreneurial Behavior
Table 2
Baseline regression results of the impact of multidimensional education on rural residents’ entrepreneurial choice under the context of digital financial inclusion.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Academic education
Tacit knowledge
Internet learning
Index
0.005
0.008
0.011
0.01
0.01
0.01
0.01
(5.11)
(3.50)
(3.60)
(3.56)
(3.38)
(3.26)
(3.48)
eduC
0.177
0.903
0.93
0.922
0.931
0.851
0.588
(14.48)
(5.15)
(4.62)
(4.59)
(4.72)
(4.22)
(2.68)
eduC×eduC
−0.08
−0.07
−0.07
−0.07
−0.07
−0.07
(−7.87)
(−6.69)
(−6.72)
(−6.83)
(−6.19)
(−6.25)
index×eduC
−0.001
−0.002
−0.002
−0.002
−0.002
−0.0006
(−1.68)
(−2.19)
(−2.15)
(−2.19)
(−2.01)
(−0.58)
eduN
0.034
−0.829
(2.15)
(−3.29)
index×eduN
0.004
(3.40)
eduW
0.305
1.813
(6.16)
(3.86)
index×eduW
−0.007
(−3.23)
Trade
0.12
0.119
0.119
0.076
0.08
(5.48)
(5.45)
(5.45)
(3.38)
(3.61)
Age
0.024
0.024
0.024
0.031
0.033
(2.88)
(2.87)
(2.84)
(3.72)
(3.84)
age×age
−0.0004
−0.0004
−0.0004
−0.0004
−0.0004
(−3.76)
(−3.75)
(−3.73)
(−4.10)
(−4.21)
gender
0.163
0.164
0.164
0.154
0.157
(4.59)
(4.62)
(4.61)
(4.33)
(4.42)
Rate
−2.278
−2.244
−2.224
−2.058
−2.220
(−1.83)
(−1.80)
(−1.77)
(−1.66)
(−1.80)
lnGDP
0.047
0.046
0.047
0.051
0.048
(1.48)
(1.45)
(1.47)
(1.60)
(1.51)
Intercept
−2.852
−4.120
−5.162
−5.127
−5.024
−5.298
−5.377
(−15.08)
(−8.33)
(−8.62)
(−8.58)
(−8.43)
(−8.86)
(−9.13)
Pseudo R2
0.0280
0.0379
0.0608
0.0616
0.0637
0.0667
0.0685
Obs
14501
14501
13302
13302
13302
13302
13302
Note. Robust standard errors are in parentheses; ,, and .
