Table 9.

Mechanism test: mediating effect model of non-farm employment.

Modeling the mediating effects of non-farm employment
Variant	Equation 1	Equation 2	Equation 3	Variant	Equation 4	Equation 5	Equation 6
	Multidimensional relative poverty index	Non-farm employment	Multidimensional relative poverty index		Multidimensional relative poverty index	Non-farm employment	Multidimensional relative poverty index
Formal financial participation	−0.025*** (0.006)	0.035*** (0.012)	−0.022*** (0.006)	Informal financial participation	−0.014** (0.006)	0.076*** (0.014)	−0.010*** (0.003)
Non-farm employment			−0.079*** (0.006)	Non–farm employment			−0.078*** (0.006)
Control variable	Controlled	Controlled	Controlled	Control variable	Controlled	Controlled	Controlled
Constant term	0.568*** (0.043)	−0.024 (0.102)	0.566*** (0.042)	Constant term	0.568*** (0.043)	−0.039 (0.101)	0.565*** (0.042)
R2	0.159	0.110	0.188	R2	0.158	0.115	0.186
N	5,303	5,303	5,303	N	5,303	5,303	5,303

^*** and ^** indicate significant at the 1% and 5% levels, respectively; control variables are the same as in Table 4.