Table 4: Multinomial Logit Estimates
(1) Share-Rent |
(2) Fixed-Rent | ||||||
coeff |
t-stat P(1)ZP(0) |
coeff |
t-stat |
P(2)ZP(0) |
P(2)ZP(1) | ||
Contract Choice Equation | |||||||
Constant |
-1.680 |
-4.46 |
-6.045 |
-7.56 | |||
land owned - paddy |
-2.216 |
-26.17 |
0.109 |
-0.809 |
-13.44 |
0.445 |
4.083 |
land owned - highland |
-0.055 |
-2.52 |
0.947 |
-0.222 |
-5.12 |
0.801 |
0.846 |
household size |
0.051 |
2.99 |
1.052 |
0.100 |
3.85 |
1.105 |
1.050 |
male adults (%) |
0.285 |
1.60 |
1.329 |
0.895 |
3.35 |
2.447 |
1.840 |
female adults (%) |
0.222 |
1.10 |
1.248 |
-0.479 |
-1.44 |
0.619 |
0.496 |
tractors owned |
0.574 |
2.03 |
1.775 |
0.995 |
4.62 |
2.704 |
1.523 |
bullocks owned |
0.081 |
4.37 |
1.085 |
-0.017 |
-0.46 |
0.984 |
0.907 |
% of students |
-0.423 |
-2.34 |
0.655 |
-0.795 |
-2.81 |
0.451 |
0.689 |
education of head |
0.083 |
2.71 |
1.086 |
0.128 |
2.66 |
1.136 |
1.046 |
education squared |
-0.010 |
-3.75 |
0.990 |
-0.012 |
-2.99 |
0.988 |
0.998 |
sex of head |
0.534 |
4.85 |
1.706 |
0.189 |
1.12 |
1.208 |
0.708 |
ethnic group |
0.492 |
1.58 |
1.636 |
1.846 |
2.55 |
6.334 |
3.871 |
agricultural household |
-0.079 |
-1.02 |
0.924 |
-0.145 |
-1.18 |
0.865 |
0.937 |
fisheries and livestock |
0.283 |
4.06 |
1.327 |
0.533 |
5.25 |
1.704 |
1.284 |
skill |
0.041 |
1.07 |
1.042 |
0.223 |
4.03 |
1.250 |
1.199 |
dry zone |
-0.313 |
-3.81 |
0.732 |
1.066 |
8.08 |
2.905 |
3.971 |
hills |
0.416 |
5.75 |
1.516 |
0.264 |
1.78 |
1.302 |
0.859 |
no. observations |
8428 | ||||||
log likelihood |
-5053.94 | ||||||
Land Extent Equations | |||||||
Constant |
0.888 |
0.98 |
7.954 |
2.95 | |||
land owned - paddy |
0.805 |
1.58 |
0.840 |
4.51 | |||
land owned - highland |
0.022 |
1.05 |
0.040 |
0.58 | |||
household size |
0.038 |
1.84 |
0.018 |
0.43 | |||
male adults (%) |
-0.032 |
-0.16 |
-0.416 |
-0.97 | |||
female adults (%) |
0.260 |
1.15 |
0.353 |
0.77 | |||
tractors owned |
0.603 |
1.67 |
-0.292 |
-1.17 | |||
bullocks owned |
0.006 |
0.19 |
0.031 |
0.66 | |||
% of students |
0.049 |
0.24 |
0.242 |
0.64 | |||
education of head |
-0.050 |
-1.34 |
-0.178 |
-2.59 | |||
education squared |
0.008 |
2.24 |
0.018 |
3.12 | |||
sex of head |
-0.111 |
-0.62 |
0.095 |
0.47 | |||
ethnic group |
0.483 |
1.36 |
-1.806 |
-1.94 | |||
agricultural household |
0.226 |
2.73 |
0.261 |
1.68 | |||
fisheries and livestock |
-0.093 |
-1.07 |
-0.686 |
-3.69 | |||
skill |
-0.051 |
-1.27 |
-0.021 |
-0.21 | |||
dry zone |
0.657 |
4.47 |
-0.497 |
-1.23 | |||
hills |
-0.093 |
-0.76 |
0.148 |
0.86 | |||
lambda |
-0.828 |
-1.34 |
-2.597 |
-3.44 | |||
number of obs. |
1851 |
535 | |||||
r-squared |
0.042 |
0.237 |
58
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