Table 3 Number of relatives and choice of self-employment, 2SLS Regressions
From: Social-family network and self-employment: evidence from temporary rural–urban migrants in China
(1) | (2) | |||
|---|---|---|---|---|
Sample C | Sample D | |||
First stage | ||||
Endogenous independent variable: Number of relatives | ||||
Instrumental variable: Log distance when first migrated | ||||
Log distance when first migrated | -.1830** | (.0827) | -.2065*** | (.0705) |
Male | .4974 | (.6815) | .4236 | (.7024) |
Age | -.0395 | (.0518) | -.0264 | (.0473) |
Years of schooling | .4508*** | (.1206) | .4465*** | (.1188) |
Married | 2.4777* | (1.3349) | 2.5544* | (1.3520) |
Number of children | .3035 | (.5082) | .1065 | (.5166) |
Years since first migrated out of rural area | -.0001 | (.0833) | .0070 | (.0770) |
Constant | Yes | Yes | ||
Home province fixed effects | Yes | Yes | ||
First-stage F statistic | 4.89 | 8.57 | ||
Second stage | ||||
Dependent variable: = 1 if self-employed; = 0 otherwise | ||||
Number of relatives | .0384* | (.0230) | .0316** | (.0150) |
Male | -.0230 | (.0362) | -.0167 | (.0313) |
Age | -.0049 | (.0032) | -.0056** | (.0026) |
Years of schooling | -.0262** | (.0104) | -.0224*** | (.0075) |
Married | .0584 | (.0554) | .0723* | (.0432) |
Number of children | .0234 | (.0262) | .0288 | (.0199) |
Years since first migrated out of rural area | .0091*** | (.0034) | .0079*** | (.0027) |
Constant | Yes | Yes | ||
Home province fixed effects | Yes | Yes | ||
No. of observations | 2,379 | 2,336 | ||
OLS coefficient of “number of relatives” | .00058 | (.00060) | .00058 | (.00062) |