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Table 6 Size of banking sector

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

  (1) (2) (3)
  Assets Production Consumption
Branches per 10 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 8 years 0.110 1.064* -0.506***
  (0.207) (0.597) (0.183)
Education 9 to 11 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
  1. Standard errors clustered at community level in parentheses.
  2. *p < 0.10, **p < 0.05, ***p < 0.01.
  3. Education coefficients relative to baseline group with less than 6 years education.