Table 3.
Model regression results.
| Independent variable | Model1 |
Model2 |
|---|---|---|
| non-shrinking cities | shrinking cities | |
| Household savings balance | 0.291*** | 0.119** |
| The number of industrial enterprises above designated size | −0.425*** | −0.047 |
| GDP per capita | 0.268*** | −0.736*** |
| Financial revenue and expenditure | −0.074* | 0.119*** |
| Highway mileage | 0.282*** | −0.007 |
| The proportion of primary and secondary school students | 0.064 | 0.114** |
| The proportion of secondary and tertiary production | 0.117** | 0.117** |
| Population density | 1.211** | −0.101 |
| Chi2 | 102.38 | 76.55 |
| P > Chi2 | 0 | 0 |
| R2 | 0.2517 | 0.1574 |
| Total sample size | 275 | 418 |
Note: *, ** and *** respectively represent passing the significance test underthe confidence interval of 90 %, 95 % and 99 %.