Table 3:

Placebo Test for Baseline Specifications. Subsample of respondents with children. (OLS model).

Panel A. Dependent variable: VIEW REDIST
(1) AGE>= 40(2) AGE>= 60(3) AGE>= 40(4) AGE>= 60
GRAND CHILDREN0.010.020.0040.01
 (0.54)(0.79)(0.28)(0.60)
GOV PARTY DUMMY–0.23***–0.37***  
 (–6.33)(–7.33)  
AGE–0.01–2.54–0.01–2.75
 (–0.27)(–1.41)(–0.22)(–1.51)
AGE SQR0.00020.020.00020.02
 (0.81)(1.41)(0.74)(1.52)
INCOM–0.04***–0.03**–0.05***–0.03**
 (–4.53)(–2.02)(–4.97)(–2.43)
EDU–0.010.01–0.010.01
 (–0.68)(0.35)(–0.70)(0.49)
MALE–0.03–0.100.04–0.10
 (–0.74)(–0.84)(0.90)(–0.86)
Observations4,1251,1024,1251,102
R-square0.080.130.070.09
Panel B. Dependent variable: VIEW DISAS
 (1) AGE>= 40(2) AGE>= 60(3) AGE>= 40(4) AGE>= 60
GRAND CHILDREN–0.010.01–0.010.01
 (–0.42)(0.31)(–0.35)(0.29)
GOV PARTY DUMMY0.06**–0.02  
 (2.17)–0.02  
AGE0.031.540.031.53
 (0.75)(1.18)(0.74)(1.18)
AGE SQR–0.0002–0.01–0.0002–0.01
 (–0.46)(–1.18)(–0.45)(–1.18)
INCOM0.010.0040.010.004
 (1.26)(0.49)(1.47)(0.40)
EDU–0.001–0.003–0.001–0.003
 (–0.10)(–0.21)(–0.08)(–0.20)
MALE0.01–0.040.01–0.004
 (0.15)(–0.06)(0.18)(–0.06)
Observations4,1251,1024,1251,102
R-square0.030.060.030.06

Note: Numbers in parentheses are t-values calculated using robust standard errors clustered by residential prefecture. **, and *** indicate significance at the 5 %, and 1 % levels, respectively. The set of independent variables is equivalent to that in Table 2. However, these results have not been reported.

Note: Numbers in parentheses are t-values calculated using robust standard errors clustered by residential prefecture. ** indicates significance at the 5% level. The set of independent variables is equivalent to that in Table 2. However, these results have not been reported.

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