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Table 7 Probit regressions on instruments

From: Mixed effects of remittances on child education

Potential instruments

Remittance reception

School enrollment

Lagged local migration network

12.750***

3.892***

 

(0.0750)

(0.0601)

Migrant’s age between 20 and 50 (1/0)

0.530***

0.074***

 

(0.0102)

(0.0118)

Migrant resides in the USA (1/0)

1.167***

− 0.102***

 

(0.0115)

(0.0133)

Migrants resides in Europe (1/0)

1.250***

0.152***

 

(0.0102)

(0.0120)

Likelihood ratio χ2

158,584.97

5,280.77

p value for LR χ2

< 0.001

< 0.001

McFadden’s pseudo R2

0.171

0.003

  1. Standard errors in parentheses. Notes: The sample includes children between 12 and 17 years old (N = 1,533,133). McFadden (1977) describes a pseudo R2 value between 0.2 and 0.4 as an “excellent fit”
  2. ***p < 0.01, **p < 0.05, *p < 0.1