From: Financial development and the end-use of migrants' remittances
 | (1) | (2) | (3) |
---|---|---|---|
 | Assets | Production | Consumption |
Branches per 10Â k residents | -0.026 | 0.532*** | -0.237** |
 | (0.122) | (0.201) | (0.116) |
Log (avg. monthly remittance) | 0.249*** | 0.303*** | 0.072 |
 | (0.074) | (0.086) | (0.213) |
Urban area | 0.068 | -0.270 | 0.715* |
 | (0.154) | (0.360) | (0.401) |
Children in household | -1.009*** | -0.472 | 1.133*** |
 | (0.302) | (0.305) | (0.332) |
Education 6 to 8Â years | 0.110 | 1.064* | -0.506*** |
 | (0.207) | (0.597) | (0.183) |
Education 9 to 11Â years | -0.005 | 1.352** | -0.447*** |
 | (0.240) | (0.652) | (0.171) |
Education > 11 years | 0.465 | 1.542*** | -0.555 |
 | (0.449) | (0.539) | (0.573) |
Age of household head | 0.004 | 0.047** | -0.005 |
 | (0.011) | (0.019) | (0.015) |
Household size | 0.040 | 0.046 | -0.074** |
 | (0.040) | (0.056) | (0.034) |
# of employed HH members | -0.137 | -0.168 | 0.230*** |
 | (0.123) | (0.122) | (0.077) |
Constant | -1.551** | -6.664*** | -2.184 |
 | (0.668) | (1.364) | (1.378) |
N | 464 | 464 | 464 |
Pseudo r2 | 0.066 | 0.224 | 0.119 |
p > chi2 | 0.000 | 0.001 | 0.000 |