Table 7.

Estimation results of how digital literacy affects consumption structure.

Variables	Survival consumption		Developmental consumption		Enjoyable consumption
	(1)	(2)	(3)	(4)	(5)	(6)
Digital literacy	0.040***	0.01	0.153***	0.255***	0.504***	0.109***
	−0.01	−0.024	−0.038	−0.079	−0.012	−0.028
Control variables	Control	Control	Control	Control	Control	Control
F-value	18.21***		39.27***		19.46***
Wald chi2		383.18***		569.47***		369.76***
DWH test		0.467		2.882*		7.598***
R-squared	0.104	0.148	0.173	0.173	0.11	0.124
Observations	2,938	2,938	2,979	2,979	2,890	2,890

Robust standard errors are shown in parentheses. ^***, ^**, and ^* denote significant regression coefficients at the 1, 5, and 10% levels, respectively. The first stage estimation results of 2sls are not shown because of space limitation, but all models pass the weak instrumental variables test.