Evaluating the influence of financial investment in compulsory education on the health of Chinese adolescents: a novel approach

Table 6 2SLS regression analysis

Dep. variables	(1)	(2)	(3)	(4)
Explanatory variables	Self-rated health	Illness frequency	Sick leave days	Depression
Financial investment	0.066	0.017	-0.544^**	-0.137
	(0.041)	(0.017)	(0.248)	(0.289)
Control variables	Y	Y	Y	Y
County (District) FE	Y	Y	Y	Y
Observations	6272	6272	6272	6272
F statistic	14.414	4.933	5.212	14.526
Adj- R²	0.052	0.021	0.020	0.079
DWH test	1.97	5.06^*	2.7	0.04

Note: (1) Values in parentheses are cluster-robust standard errors, *** p < 0.01, ** p < 0.05, * p < 0.1. (2) To save space, neither control variables nor constants are reported here. (3) The controlled variables are the same as those in Table 2

ISSN: 1471-2458