Table 3: Contract Choice: Probit and Tobit Estimates
|
__________________Probit__________________ |
__________________Tobit__________________ | |||||||
|
______Share______ |
_______Fixed_______ |
______Share_____ |
_______Fixed_______ | |||||
|
Constant |
-0.8220 |
-4.11 |
-2.5599 |
-7.60 |
-1.4755 |
-5.61 |
-8.0859 |
-7.80 |
|
land owned - paddy |
-0.8875 |
-28.10 |
-0.2763 |
-10.95 |
-1.0685 |
-25.14 |
-0.7048 |
-9.46 |
|
land owned - highland |
-0.0113 |
-1.17 |
-0.0737 |
-4.07 |
-0.0022 |
-0.19 |
-0.2380 |
-4.36 |
|
household size |
0.0244 |
2.50 |
0.0471 |
3.64 |
0.0396 |
3.14 |
0.1647 |
4.28 |
|
male adults (%) |
0.1467 |
1.41 |
0.2189 |
1.65 |
0.1978 |
1.47 |
0.6682 |
1.71 |
|
female adults (%) |
0.1362 |
1.19 |
-0.2749 |
-1.73 |
0.2803 |
1.90 |
-0.8536 |
-1.81 |
|
tractors owned |
0.0581 |
0.63 |
0.5494 |
5.14 |
0.1718 |
1.44 |
1.2236 |
5.54 |
|
bullocks owned |
0.0420 |
4.18 |
-0.0101 |
-0.64 |
0.0530 |
4.00 |
-0.0219 |
-0.49 |
|
% of students |
-0.2297 |
-2.20 |
-0.4308 |
-3.17 |
-0.2958 |
-2.19 |
-1.4061 |
-3.49 |
|
education of head |
0.0445 |
2.45 |
0.0813 |
3.39 |
0.0453 |
1.94 |
0.2349 |
3.31 |
|
education squared |
-0.0054 |
-3.38 |
-0.0071 |
-3.39 |
-0.0052 |
-2.47 |
-0.0189 |
-3.07 |
|
sex of head |
0.3072 |
5.04 |
0.0362 |
0.46 |
0.4136 |
5.18 |
0.1467 |
0.63 |
|
agricultural household |
-0.0552 |
-1.18 |
-0.1235 |
-1.98 |
0.0218 |
0.36 |
-0.2887 |
-1.56 |
|
fisheries and livestock |
0.1198 |
2.99 |
0.3231 |
6.43 |
0.1189 |
2.31 |
0.9123 |
6.05 |
|
ethnic group |
0.1146 |
0.72 |
0.9712 |
3.29 |
0.1580 |
0.75 |
2.9224 |
3.33 |
|
skill |
0.0250 |
0.10 |
0.1461 |
4.44 |
-0.2908 |
-0.91 |
0.4406 |
4.48 |
|
dry zone |
-0.2345 |
-5.07 |
0.5166 |
8.30 |
-0.1265 |
-2.11 |
1.6967 |
8.81 |
|
hills |
0.2278 |
5.37 |
0.0254 |
0.38 |
0.2723 |
4.97 |
0.1228 |
0.61 |
|
sigma |
1.4004 |
52.81 |
3.0112 |
27.17 | ||||
|
Number of observations |
8428 |
8428 |
8428 |
8428 | ||||
|
Log likelihood function |
-3473.29 |
-1840.56 |
-5239.85 |
-2569.53 | ||||
57