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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%.