Table 6: SEED Impact on Household Savings
OLS
Savings in
shared
|
Dependent variable: |
Green Bank |
Green Bank |
Non-SEED Green Bank |
Total |
Total |
accounts, (12 month) |
Formal |
|
Panel A: All Treatment |
-32.050 |
-32.050 |
173.052 |
635.630 |
110.023 |
-133.274 |
435.145 |
|
(30.751) |
(30.751) |
(247.068) |
(1,528.336) |
(328.798) |
(199.891) |
(357.412) | |
|
Marketing |
-42.985 |
-42.985 |
70.831 |
431.497 |
-204.228 |
-231.034 |
-46.531 |
|
(34.923) |
(34.923) |
(166.457) |
(2,065.756) |
(294.566) |
(184.071) |
(279.866) | |
|
Post |
89.641 |
119.535 |
30.595 |
-1,176.211 |
-351.105 |
-65.708 |
1,201.090 |
|
(137.254) |
(200.089) |
(240.080) |
(1,437.881) |
(310.218) |
(238.216) |
(829.897) | |
|
Treatment x Post |
388.493 |
173.294 |
-94.696 |
-765.850 |
139.738 |
-109.907 |
-957.661 |
|
(266.817) |
(318.289) |
(401.401) |
(1,841.086) |
(428.022) |
(260.317) |
(912.670) | |
|
Marketing x Post |
117.250 |
-150.320 |
-264.563 |
-1,962.504 |
-0.744 |
-8.594 |
-417.709 |
|
(170.061) |
(216.754) |
(271.056) |
(2,251.314) |
(333.927) |
(249.134) |
(1,023.733) | |
|
Constant |
536.490*** |
536.490*** |
624.495*** |
7,070.735*** |
968.960*** |
335.801** |
807.554*** |
|
(24.905) |
(24.905) |
(134.985) |
(1,203.571) |
(275.337) |
(170.732) |
(202.638) | |
|
Number of individuals |
1629 |
1629 |
1629 |
1629 |
1629 |
1629 |
1629 |
|
Observations |
3258 |
3258 |
3258 |
3258 |
3258 |
3258 |
3258 |
|
R-squared_______________ |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Panel B: Female |
-25.140 |
-25.140 |
15.652 |
93.610 |
333.530 |
-0.739 |
130.177 |
|
(42.067) |
(42.067) |
(311.576) |
(2,138.988) |
(362.452) |
(281.494) |
(418.242) | |
|
Marketing |
-65.062 |
-65.062 |
52.655 |
-3,559.278* |
7.018 |
-243.932 |
-134.758 |
|
(48.589) |
(48.589) |
(258.876) |
(1,906.222) |
(281.287) |
(230.890) |
(404.348) | |
|
Post |
167.794 |
-132.264 |
-298.934 |
-1,864.689 |
-290.655 |
79.689 |
1,852.497 |
|
(214.898) |
(134.907) |
(249.230) |
(2,069.854) |
(300.078) |
(345.891) |
(1,313.925) | |
|
Treatment x Post |
169.591 |
571.220 |
456.643 |
-321.694 |
-31.787 |
-369.644 |
-1,304.087 |
|
(318.075) |
(427.518) |
(526.824) |
(2,545.251) |
(516.741) |
(387.318) |
(1,390.769) | |
|
Marketing x Post |
115.095 |
78.402 |
-38.491 |
2,047.061 |
-208.778 |
-116.981 |
-1,601.105 |
|
(263.380) |
(168.034) |
(304.773) |
(2,257.843) |
(349.298) |
(353.996) |
(1,432.346) | |
|
Constant |
552.541*** |
552.541*** |
717.713*** |
8,135.578*** |
916.749*** |
323.307 |
927.091*** |
|
(33.739) |
(33.739) |
(212.253) |
(1,795.772) |
(230.258) |
(222.198) |
(279.155) | |
|
Number of individuals |
970 |
970 |
970 |
970 |
970 |
970 |
970 |
|
Observations |
1940 |
1940 |
1940 |
1940 |
1940 |
1940 |
1940 |
|
R-squared |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Panel C: Male |
-39.948 |
-39.948 |
424.126 |
1,615.619 |
-234.063 |
-334.444 |
912.131 |
|
(43.152) |
(43.152) |
(395.048) |
(1,966.478) |
(645.267) |
(265.908) |
(632.975) | |
|
Marketing |
-8.754 |
-8.754 |
130.633 |
5,893.331 |
-491.699 |
-219.680 |
112.157 |
|
(48.754) |
(48.754) |
(135.411) |
(3,878.893) |
(636.629) |
(297.617) |
(361.357) | |
|
Post |
-39.966 |
537.115 |
577.081 |
-34.448 |
-451.354 |
-306.832 |
120.807 |
|
(77.774) |
(481.705) |
(485.369) |
(1,677.985) |
(658.678) |
(268.529) |
(329.839) | |
|
Treatment x Post |
729.681 |
-463.950 |
-974.617 |
-1,540.336 |
406.961 |
303.099 |
-335.840 |
|
(458.663) |
(494.203) |
(630.813) |
(2,480.583) |
(761.178) |
(269.115) |
(737.654) | |
|
Marketing x Post |
150.861 |
-538.749 |
-680.365 |
-7,299.324* |
285.928 |
185.780 |
1,334.561 |
|
(143.885) |
(501.664) |
(517.329) |
(4,098.299) |
(678.848) |
(300.599) |
(1,196.087) | |
|
Constant |
509.871*** |
509.871*** |
469.904*** |
5,304.815*** |
1,055.547* |
356.522 |
609.317** |
|
(35.398) |
(35.398) |
(69.251) |
(1,162.696) |
(625.386) |
(265.656) |
(275.589) | |
|
Number of individuals |
659 |
659 |
659 |
659 |
659 |
659 |
659 |
|
Observations |
1318 |
1318 |
1318 |
1318 |
1318 |
1318 |
1318 |
|
R-squared |
0.00 |
0.00 |
0.00 |
0.01 |
0.00 |
0.01 |
0.00 |
Robust standard errors in parentheses, * significant at 10%; ** significant at 5%; *** significant at 1%. This table reports difference-
in-difference analysis on household savings for 1629 individuals who completed the follow-up survey. Post is an indicator variable
for the post-intervention observations. Column (1) is shown in order to reconcile the results in this table with the results reported in
the earlier paper, Ashraf, Karlan and Yin (2006).