Research Article

An Empirical Analysis of Social Capital and Household Insurance Purchases in the Context of the Internet of Things: Evidence from China

Table 11

Regression results of the instrumental variables.

VariableIV-probitIV-tobit
(1)(2)

SC0.0277 (0.0037)0.0052 (0.0006)
Control variablesYesYes
F-statistic1906.281906.28
Wald test21.6131.09
Observations3129631296