Analysis of the Impact of County-Levelization on Economic Growth and Public Service Development Based on Panel Data

Table 3

DID dynamics test results of TCID on economic growth and public service development.

Variable	(1)	(2)	(3)
	pergdp	education	medical
	5112.8^∗∗∗	−314.0^∗∗∗	−0.894
	(709.7)	(31.19)	(0.795)
	3827.8^∗∗∗	−359.5^∗∗∗	−1.393^∗
	(609.9)	(30.84)	(0.802)
	11353.2^∗∗∗	−431.2^∗∗∗	0.551
	(1260.5)	(35.08)	(0.949)
	15297.2^∗∗∗	−488.2^∗∗∗	1.657^∗
	(1539.0)	(35.98)	(0.962)
	18433.2^∗∗∗	−551.7^∗∗∗	2.140^∗∗
	(1842.6)	(35.83)	(0.999)
	24241.9^∗∗∗	−590.0^∗∗∗	4.010^∗∗∗
	(2205.2)	(37.55)	(1.119)
	3147.8^∗∗∗	10.32	2.068
	(754.5)	(71.61)	(1.374)
	3897.3^∗∗∗	−65.24	3.925^∗∗∗
	(835.1)	(63.74)	(1.319)
	3112.8^∗∗∗	−50.85	2.426^∗∗
	(896.0)	(65.94)	(1.220)
	2541.4^∗∗∗	−47.09	2.337^∗
	(978.9)	(65.70)	(1.259)
	2817.6^∗∗∗	−56.10	2.240^∗
	(1083.8)	(63.89)	(1.209)
	3217.5^∗∗	−48.12	2.419^∗∗
	(1249.1)	(63.83)	(1.219)
	6120.4^∗∗	21.78	3.103
	(2454.9)	(93.97)	(2.694)
	13203.6^∗∗∗	−3.864	6.453^∗∗
	(3080.0)	(93.03)	(2.803)
	8774.3^∗∗	46.15	3.438
	(3472.9)	(89.44)	(2.426)
	10923.1^∗∗∗	22.38	4.356^∗
	(4090.0)	(92.94)	(2.408)
	12555.1^∗∗∗	8.710	4.353^∗
	(4093.0)	(82.61)	(2.358)
	15442.6^∗∗∗	5.327	3.953
	(4820.2)	(83.92)	(2.492)
Other control variables	Yes	Yes	Yes
_cons1	48256.5^∗∗∗	2641.0^∗∗∗	45.81^∗∗∗
	(7939.1)	(318.8)	(9.120)
_cons2	38958.4^∗∗∗	2908.3^∗∗∗	45.86^∗∗∗
	(6195.0)	(234.5)	(6.849)
_cons3	73093.3^∗∗∗	2472.6^∗∗∗	43.73^∗∗∗
	(11715.6)	(370.5)	(8.326)
_cons4	80665.0^∗∗∗	2398.0^∗∗∗	41.97^∗∗∗
	(13029.7)	(348.7)	(7.433)
_cons5	91320.5^∗∗∗	2647.8^∗∗∗	46.69^∗∗∗
	(17012.1)	(271.1)	(8.230)
_cons6	102539.9^∗∗∗	2526.8^∗∗∗	49.61^∗∗∗
	(17630.2)	(257.0)	(8.548)
N	906	906	906
	0.622	0.238	0.349
	0.535	0.275	0.308
	0.629	0.322	0.326
	0.632	0.363	0.341
	0.635	0.420	0.343
	0.646	0.463	0.353

Standard errors in parentheses, ^∗, ^∗∗, ^∗∗∗.