Table 3.

Results of the robustness test.

Method	1. Endogenous test		2. Modify model setting
Dependent variable	Overall level of family conspicuous consumption	Average level of family conspicuous consumption	Overall level of family conspicuous consumption	Average level of family conspicuous consumption
Model	1	2	3	4
House demolition	0.766**	0.261**	0.886**	0.292**
	(0.384)	(0.122)	(0.384)	(0.122)
House demolition × household wealth	1.434*	0.511**	1.836**	0.633***
	(0.751)	(0.239)	(0.749)	(0.238)
House demolition × materialism value	3.656***	1.270***	3.761***	1.294***
	(0.924)	(0.294)	(0.911)	(0.290)
F value	34.49***	36.31***	27.01***	27.95***
R 2	0.0492	0.1545	0.1532	0.1577
Observation	2,797	2,797	2,706	2,706
Method	3. Change the measurement of the key variable		4. Delete the demolition samples without compensation
Model	5	6	7	8
House demolition	0.213**	0.069**	0.780*	0.249*
	(0.090)	(0.028)	(0.413)	(0.131)
House demolition × household wealth	0.370**	0.128**	2.483***	0.832***
	(0.173)	(0.055)	(0.806)	(0.256)
House demolition × materialism value	0.824***	0.287***	4.815***	1.649***
	(0.212)	(0.067)	(0.972)	(0.309)
F value	34.79***	36.58***	35.85***	37.58***
R 2	0.1489	0.1554	0.1549	0.1612
Observation	2,798	2,798	2,753	2,753

^* p <0.1;

^** p <0.05;

^*** p <0.01.

The values in parentheses are standard errors.

Due to space issues, the results of other control variables are not reported in our study. If necessary, they can be obtained from the authors.