Table 1

Effect of remittance on asset and food consumption

VariablesLog (total asset)Log (food spending)
OLSFEOLSFE
Remittance1.355***1.070***2.703***2.443***
(0.021)(0.029)(0.017)(0.035)
Age of HH Head0.034***0.0040.044***0.023***
(0.004)(0.004)(0.005)(0.007)
Age of HH Head2−0.0003***−0.000−0.0004***−0.0002***
(0.000)(0.000)(0.000)(0.000)
Education of HH Head0.154***0.0310.087**0.017
(0.021)(0.026)(0.022)(0.026)
Marital status−0.211***−0.0330.0280.029
(0.062)(0.089)(0.077)(0.095)
Male0.0220.0330.047*0.026
(0.017)(0.022)(0.022)(0.029)
House price0.0000.000*0.0000.000*
(0.005)(0.007)(0.005)(0.009)
Household size0.028***−0.0060.045***0.016
(0.007)(0.009)(0.008)(0.012)
Household in rural−0.189***−0.0060.054*0.035**
(0.026)(0.033)(0.032)(0.048)
Home ownership0.305***0.340***−0.034−0.025
(0.047)(0.067)(0.054)(0.066)
HH owned agricultural land0.0210.000−0.207**0.000
(0.017)(0.000)(0.021)(0.000)
HH's economic statusYesYesYesYes
HH's living conditionYesYesYesYes
Constant12.650***16.344***5.979***8.819***
(0.138)(0.188)(0.167)(0.240)
Fixed effectNoYesNoYes
Number of households3,6613,6613,6613,661
Observations10,98310,98310,98310,983
Adjusted R20.4120.5370.3970.489

Note(s): Robust standard errors are shown in parentheses

Significance levels: ***p < 0.01, **p < 0.05, *p < 0.1

Source(s): Authors' calculation

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