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Table 8 First stage estimates for IV estimation

From: Remittances, school quality, and household education expenditures in Nepal

  (2) (3) (4)
Variables Remittance SLC Pass Rate * Remit IV
SLC pass rate 0.710 168.156*** −0.002*
  (0.61) (2.65) (−1.82)
Urban household 25.933 1945.060 −0.091**
  (1.17) (1.54) (−1.96)
Share 4 to 7 −40.249 −2673.915 −0.688***
  (−0.74) (−0.66) (−3.48)
Share 8 to 15 60.421 1820.742 −0.532***
  (0.49) (0.29) (−3.16)
Share16 to 64 29.739 1164.112 −0.340***
  (0.44) (0.30) (−2.10)
Share elderly 82.661 2436.116 0.088
  (0.47) (0.28) (0.46)
Farm income −0.149 −7.627 0.0003
  (−1.15) (−1.21) (−1.01)
Enterprise income 0.002 0.097 0.00001
  (0.47) (0.38) (0.25)
Wage income 0.213 10.224 0.0003
  (0.86) (0.83) (−1.48)
Married couples 13.685 544.111 0.014
  (0.50) (0.40) (0.50)
Home production 1.999 86.977 0.009**
  (0.88) (0.76) (1.95)
Class A −49.823 −600.459 −0.354***
  (−0.83) (−0.21) (−4.74)
Class B −65.691** −3744.811** −0.074
  (−1.81) (−2.13) (−1.41)
Class C −41.605 −2338.092 −0.131***
  (−1.40) (−1.60) (−2.91)
Migration rate −83.973 −4244.088 −0.036
  (−0.81) (−0.86) (−0.31)
Constant 26.553 −4581.797 2.130
  (0.82) (−2.04) (11.86)
Observations 5,988 5,988 5,988
  1. Robust t-statistics in parentheses
  2. *** p < 0.01, ** p < 0.05, * p < 0.1