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Table 6 The effect of educational reform on years of schooling. 2SLS estimates—first stage (Eq. 2)

From: The effect of education on teenage fertility: causal evidence for Argentina

 

(1)

(2)

(3)

(4)

PANEL A—IV (identified)

 LFE

0.27 *** (0.048)

0.24 *** (0.064)

0.27 *** (0.048)

0.25 *** (0.062)

 Partial R 2

0.0136

0.0080

0.0138

0.0083

  F-statistic

31.4 ***

14.8 ***

32.7 ***

16.0 ***

PANEL B—IV (over-identified)

 LFE

0.27 *** (0.048)

0.25 *** (0.063)

0.27 *** (0.047)

0.25 *** (0.062)

 Polimodal

−0.001 (0.001)

−0.001 (0.001)

−0.001 (0.001)

−0.001 (0.001)

 Partial R 2

0.0149

0.0095

0.0157

0.0100

  F-statistic

16.6 ***

8.2 ***

17.4 ***

8.8 ***

 Covariatesa

No

No

Yes

Yes

 Obs

1718

1718

1718

1718

  1. Robust standard errors clustered at the birth-cohort/province level in parentheses. All regressions include year and birth-cohort/province fixed effects. In columns (1) and (3) the dependent variable is average years of schooling; in columns (2) and (4) the dependent variable is average years of schooling of females. Source: own calculations
  2. ***p < 0.01, **p < 0.05, *p < 0.1
  3. aOther covariates included are: economic activity, unemployment, public expenditure on education and health, and Plan Nacer beneficiaries
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