China Finance and Economic Review

Table 3 Regression results of the first phase

From: The impact of transfer payments on urban-rural income gap: based on fuzzy RD analysis of China’s midwestern county data

	(1)	(2)	(3)	(4)	(5)
Sample range	Less than 200 km	Less than 150 km	Less than 125 km	Less than 100 km	Less than 75 km
	Panel 1:transfer
West	9.402*** (2.456)	9.271*** (2.450)	8.884*** (2.453)	8.472*** (2.478)	6.575** (2.838)
F (distance)	Cubic	Cubic	Cubic	Cubic	Cubic
R ²	0.369	0.364	0.366	0.372	0.369
Observations	2668	2113	1806	1482	1189
	Panel 2:infrastructure
West	0.0372 (0.0425)	0.0546 (0.0450)	0.0222 (0.0478)	0.0145 (0.0527)	0.0662 (0.0661)
F (distance)	Cubic	Cubic	Cubic	Cubic	Cubic
R ²	0.264	0.243	0.232	0.211	0.201
Observations	2675	2118	1813	1495	1208
	Panel 3:tax
West	0.000752 (0.00398)	0.000859 (0.00404)	0.00113 (0.00456)	0.000611 (0.00503)	-0.000468 (0.00708)
F (distance)	Cubic	Cubic	Cubic	Cubic	Cubic
R ²	0.097	0.097	0.093	0.134	0.145
Observations	2659	2110	1805	1485	1192

Note: The value in the brackets represents the standard deviation of cluster robust, and the province effect and time effect are controlled
*** and ** represent the significant level at 1 and 5%, respectively

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