Table 5

Welfare effects of income diversification: quantile regression estimates

Endogenous income diversificationExogenous income diversification
20%40%60%80%20%40%60%80%
Simpson index0.077* (0.044)0.117** (0.052)0.098** (0.049)0.085* (0.050)0.077* (0.046)0.128*** (0.047)0.102** (0.047)0.099* (0.054)
Count index0.043*** (0.020)0.055*** (0.009)0.064*** (0.012)0.051*** (0.015)0.045*** (0.018)0.056*** (0.010)0.064*** (0.010)0.049*** (0.016)

Note(s): ***, ** and * indicate statistical significance at 1, 5 and 10% levels

Source(s): Authors’ calculation using STATA 16

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