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Table 8 First-stage regression; dependant variable: banked

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

  Coefficient Robust standard error t-statistic Prob > |t|
Log (avg. monthly remittance) -0.0215 0.0167 -1.2900 0.1980
Urban area 0.1196 0.1176 1.0200 0.3090
Children in household 0.0310 0.0677 0.4600 0.6480
Education 6 to 8 years -0.0452 0.0317 -1.4200 0.1550
Education 9 to 11 years -0.1050 0.0418 -2.5100 0.0120
Education > 11 years -0.0574 0.0466 -1.2300 0.2190
Age of household head 0.0013 0.0022 0.5800 0.5640
Household size 0.0071 0.0089 0.8000 0.4260
# of employed HH members -0.0035 0.0100 -0.3500 0.7270
GDP 2000 0.0002 0.0000 5.0900 0.0000
Pop. density 0.0000 0.0000 0.3200 0.7480
Indigenous pop. share 0.1793 0.4286 0.4200 0.6760
Avg. yrs. of schooling of HH heads -0.0589 0.0574 -1.0300 0.3050
Share of HH receiving remittances 0.0331 0.0109 3.0300 0.0030
Distance to Mexico City -0.0006 0.0002 -3.5600 0.0000
Distance to modern rail system 0.0017 0.0005 3.0800 0.0020
Distance to 1920 rail -0.0001 0.0001 -1.1300 0.2590
Constant 0.3066 0.2949 1.0400 0.2990
N 820    
Prob > F 0.0000    
R2 0.4567