Table 2a.Determinants of Income Growth
Model 1 2 3 4 |
5 |
Dependent Variable =
Δ Income
Δ dtmrd |
0.51 |
0.03 |
0.01 |
-0.17 |
-1.29 |
(0.27) |
(0.02) |
(0.01) |
(0.10) |
(0.55) | |
Δ mdist |
9.23** |
9.55*** |
9.16*** |
8.88*** |
6.88 |
(2.54) |
(3.49) |
(2.90) |
(2.87) |
(1.57) | |
Δ agehd |
2.62 |
3.63* |
4.23* |
3.70* |
-0.69 |
(0.97) |
(1.95) |
(1.84) |
(1.80) |
(0.15) | |
Δ agehd2 |
-0.02 |
-0.03* |
-0.03* |
-0.03* |
-0.01 |
(0.84) |
(1.79) |
(1.65) |
(1.65) |
(0.19) | |
Δ educhd |
2.42 |
4.86*** |
1.61 |
6.31* |
40.48** |
(1.22) |
(3.29) |
(1.07) |
(1.87) |
(2.23) | |
Δ malehd |
-5.69 |
30.80*** |
8.33 |
15.06 |
58.37 |
(0.31) |
(2.66) |
(0.39) |
(0.84) |
(1.29) | |
Δ padofe |
102.71*** |
87.05*** |
78.52*** |
79.67*** |
96.78*** |
(5.91) |
(6.61) |
(5.10) |
(5.24) |
(4.29) | |
Δ ldcult |
1.32 |
-0.17 |
1.49 |
1.21 |
-0.89 |
(0.69) |
(0.16) |
(1.06) |
(0.95) |
(0.60) | |
Δ nlvstok |
1.26*** |
0.73*** |
1.09*** |
1.06*** |
0.94*** |
(3.61) |
(3.07) |
(4.12) |
(4.28) |
(3.56) | |
Δ nmalad |
9.01 |
10.88** |
9.83* |
11.01** |
19.21* |
(1.37) |
(2.42) |
(1.90) |
(2.26) |
(1.95) | |
Δ nfemad |
12.03** |
10.44*** |
12.70*** |
12.30*** |
9.19 |
(2.38) |
(3.08) |
(2.96) |
(2.88) |
(1.51) | |
Δ month |
-2.99 |
-2.17 |
-2.17 |
-2.34 |
-3.83 |
(1.54) |
(1.28) |
(1.49) |
(1.61) |
(1.55) | |
Δ grpmem |
11.83 |
2.77 |
11.03 |
10.27 |
5.14 |
(0.98) |
(0.34) |
(1.10) |
(1.08) |
(0.37) | |
year dummy |
-29.90*** |
109.54*** |
-12.88* |
-8.74 |
14.87 |
(3.54) |
(9.85) |
(1.69) |
(1.28) |
(0.43) | |
Lagged Income |
-0.67*** | ||||
(14.24) | |||||
LID |
-0.57*** |
-0.47*** |
0.49* | ||
(6.91) |
(3.83) |
(1.82) | |||
LID* educhd |
-0.02 |
-0.15* | |||
(1.64) |
(1.96) | ||||
Observations R-squared |
1324 0.09 |
1324 0.51 |
1324 0.42 |
1324 0.43 |
1324 |
Robust t statistics in parentheses
* significant at 10%; ** significant at 5%; *** significant at 1%
Source: Authors calculation
14
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