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Table 4 Probability of self employment vs wage employment: Rural & Urban

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)
  Rural Urban
IN*FC -0.339 -0.849***
  (0.292) (0.300)
Informal Network(IN) 0.121 0.421**
  (0.184) (0.179)
Formal Court(FC) 0.056 0.128
  (0.055) (0.084)
Formal Loan Availability -0.173** -0.072
  (0.067) (0.123)
Loan Amount 0.003*** 0.001***
  (0.001) (0.001)
Caste Association 0.019 0.075**
  (0.0139) (0.0292)
Hindu -0.085*** -0.04**
  (0.016) (0.02)
High Caste 0.091*** 0.02
  (0.033) (0.034)
Education 0.126*** 0.130***
  (0.009) (0.022)
Constant 0.185*** 0.161***
  (0.036) (0.051)
Observations 9,622 4,534
R-squared 0.037 0.017
  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%.