Table 2 Transfer payment model (reference model)
From: Managing the medical resources of a national insurance program: lessons based on China’s NCMS
(1) Pooled OLS | (2) Fixed effect | (3) Random effect | |
|---|---|---|---|
Participation (log) | 1.205*** | 0.718*** | 0.953*** |
(8.766) | (3.145) | (7.453) | |
Per capita GDP (log) | -3.052*** | -2.162** | -3.040*** |
(-3.291) | (-2.135) | (-3.120) | |
Region | 0.413 | 0.000 | 0.432 |
(1.139) | (.) | (1.510) | |
Cfinc (log) | 5.562*** | 5.265*** | 5.753*** |
(6.702) | (4.795) | (6.046) | |
Lagged one period of balance rate | -0.009* | -0.016** | -0.015*** |
(-1.903) | (-2.762) | (-2.933) | |
Constant | -11.152** | -13.624*** | -10.831*** |
(-2.691) | (-4.396) | (-3.021) | |
Observations | 280 | 280 | 280 |
R2 | 0.773 | 0.760 | 0.753 |