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

Table 6

Two-stage least square method of instrumental variables.

Variable name	First stage regression	Second stage regression
	Cultural	QEG
Cultural		3.337 (1.058)
Reform rate	0.407 (0.073)
MC	−0.891 (0.112)	0.784 (1.148)
PerGDP	−0.000 (0.000)	0.000 (0.000)
OE	−1.308 (0.152)	3.667 (1.378)
HC	0.003 (0.001)	−0.005 (0.003)
Cons	1.327 (0.087)	−2.624 (1.576)