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Table 3 Difference in proportions test: unbanked versus banked communities

From: Financial development and the end-use of migrants' remittances

Remittance use

Sample proportions

 

Unbanked

Banked

Difference

Z

(N = 356)

(N = 464)

Food and maintenance

0.9213

0.9461

-0.0247

-1.43

Construction or repair of home

0.3174

0.2284

0.0890***

2.85

Purchase of home or lot

0.0365

0.0237

.0128

1.08

Vehicle

0.0169

0.0172

-0.0003

-0.04

Tools

0.0169

0.0065

0.0104*

1.42

Livestock

0.0169

0.0065

0.0104*

1.42

Agricultural inputs

0.0149

0

0.0149***

2.56

Consumer goods

0.1461

0.0690

0.0771***

3.61

Start or expand a business

0.0281

0.0216

0.0065

0.60

Education

0.3820

0.3405

0.0415

1.23

Health care

0.2612

0.2328

0.0285

0.94

Pay debt

0.1713

0.1121

0.0592***

2.44

Special event

0.0197

0.0108

0.0089

1.05

Entertainment

0.0084

0.0108

-0.0024

-0.34

Savings

0.1236

0.0496

0.0740***

3.84

Other

0.0365

0.0302

0.0063

0.50

Assets (includes construction or repair of home, purchase of home or lot, and vehicle)

0.3455

0.2651

0.0804***

2.49

Production (includes tools, livestock, agricultural inputs, and start or expand business)

0.0702

0.0323

0.0379***

2.50

Consumption (includes consumer goods, special event, and entertainment)

0.2079

0.1142

0.0936***

3.67

  1. Ha: Difference > 0 for all uses except Food and Maintenance; Food and Maintenance Ha: Difference ≠ 0.
  2. *p < 0.10, **p < 0.05, ***p < 0.01.