Research on the Influencing Mechanism of Data Capital on Farmers’ Income

Table 8

Regression of instrumental variables.

First-stage return		Second-stage return
Dependent variable: social network		Dependent variable: farmer’s income
Instrumental variable	0.1049	Mediating variable	0.6483
Control variable	Yes	Control variable	Yes
Wald exogeneity test	—	Wald exogeneity test	19.57
value	—	value	0.002
One-stage F statistic	64.08	One-stage F statistic	—
Observation N	14215	Observation N	14215