Table 3 Instrumental variable estimation results
Variable | IVProbit | IVPoisson | ||
|---|---|---|---|---|
First-Stage regressions | Instrumental variables regressions | / | ||
Digital Literacy | Health Literacy | Participation | Diversity | |
(1) | (2) | (3) | (4) | |
Instrumental Variable 1 | 0.988***(0.033) | 0.988***(0.034) | ||
Instrumental Variable 2 | 0.951***(0.016) | 0.951***(0.020) | ||
Digital Literacy | 1.984***(0.183) | 2.298***(0.330) | ||
Health Literacy | 0.004(0.037) | 0.061***(0.023) | ||
Control Variables | Control | Control | Control | Control |
Regional Dummy Variable | Control | Control | Control | Control |
Exogeneity Wald Test | 43.23*** | / | ||
Wald | 394.02*** | 43.23*** | 1398.55*** | |
First-Stage F-value | 436.478*** | 1196.4*** | ||
Weak Instrument Variable Test | Cragg-Donald Wald F = 441.02 Stock-Yogo weak ID test critical values(10%) = 7.03 | |||
AR = 130.14*** & Wald = 117.85*** (Derived using the “weakiv” command) | ||||
Sample Size | 968 | 968 | 968 | 968 |