An Empirical Study on the Influence of Art Industry Development on the Quality of China’s Economic Growth

Table 3

Influence of the overall development of the art industry on the quality of economic growth.

Variable name	QEG (1)	QEG (2)	QEG (3)	QEG (4)
Cultural	0.995 (0.532)	0.994 (0.507)	0.752 (0.258)	0.814 (0.364)
MC	−0.995 (1.025)		−1.078 (0.719)
HC	0.002 (0.004)		0.001 (0.004)
PerGDP	0.000 (0.000)		0.000 (0.000)
OE	3.652 (2.706)		1.415 (1.083)
Constant term	−0.321 (0.907)	0.561 (0.534)	0.481 (0.670)	0.706 (0.438)
Model	Fixed effects		Random effects
R ^2	0.107	0.039	0.114	0.039
Sample size	120	120	120	120