Research Article
Digital Inclusive Finance, Multidimensional Education, and Farmers’ Entrepreneurial Behavior
Table 5
Influence of education on the entrepreneurial choice of rural residents: instrumental variable regression.
| | (1) | (2) | (3) | (4) | (5) | (6) | Step one | Step two | eduC | eduC | eduC | Entre | Entre | Entre |
| edu | 0.586 | 0.053 | 0.036 | | | | | (0.014) | (0.004) | (0.005) | | | | eduC | | | | 0.325 | 2.522 | 2.074 | | | | | (0.04) | (0.492) | (0.813) | eduC×eduC | | | | | −0.409 | −0.343 | | | | | | (0.086) | (0.14) | Controls | No | No | Yes | No | No | Yes |
| Obs | 11,031 | 11,031 | 11,031 | 11,031 | 11,031 | 11,031 | F statistic value | 1762 | 74943 | 16436 | | | | Wald test | | | | 15.83 | 15.12 | 3.45 | value | | | | | | |
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Note. Robust standard errors are in parentheses; , , and . |