Skip to main content

Table 2 Probability of self employment vs wage employment

From: Court-ship, kinship and business: a study on the interaction between the formal and the informal institutions and its effect on entrepreneurship

  (1) (2) (3) (4) (5)
IN*FC -0.633** -0.675*** -0.792*** -0.667** -0.630**
  (0.249) (0.255) (0.290) (0.260) (0.268)
Informal Network(IN) 0.355** 0.384** 0.344** 0.334** 0.315*
  (0.148) (0.152) (0.172) (0.156) (0.162)
Formal Court(FC) 0.031 0.043 0.095* 0.084 0.082
  (0.035) (0.036) (0.053) (0.053) (0.053)
Formal Loan Availability   -0.083 -0.072 -0.136* -0.144**
   (0.052) (0.067) (0.071) (0.07)
Loan Amount    0.001** 0.001** 0.001**
    (0.001) (0.001) (0.001)
Caste Association      0.027*
      (0.014)
Hindu     -0.079*** -0.079***
     (0.012) (0.012)
High Caste     0.0671** 0.069***
     (0.023) (0.023)
Education     0.144*** 0.144***
     (0.009) (0.009)
Constant 0.213*** 0.218*** 0.207*** 0.170*** 0.167***
  (0.019) (0.019) (0.031) (0.033) (0.033)
Observations 34,521 34,521 14,185 14,159 14,156
R-squared 0.001 0.002 0.007 0.033 0.034
  1. Source: IHDS 2004–2005, own calculations.
  2. Notes: Linear probability models. Standard errors in parentheses, adjusted for clustering at village level.
  3. *** significant at 1%; ** significant at 5%; * significant at 10%.