Research Article

Mechanism and Test of the Impact of Lack of Human Capital on Ecological Development in Innovation Sector

Table 3

Instrumental variable estimation results.

VariableVariable
(1)(2)(3)(4)

Mis1.5725 (0.8349)1.6782 (0.7935)Mis0.8784 (0.2554)0.8560 (0.2487)
Mis x year−0.0007(0.0004)−0.0009(0.0004)Mis X year−0.0004(0.0001)−0.0004(0.0001)
Control variableNoYesControl variableNoYes
Regional effectYesYesRegional effectYesYes
Time effectNoNoTime effectNoNo
Wald chi247.72118.75Wald chi236.7759.83
R20.17220.2478R20.03200.0770
Number of samples650650Number of samples650650