Table 1

Banking concentration and women education (fixed effects model)

Variables(1)(2)
Enrolment in primary education, femaleEnrolment in secondary education, female
C3−10.30***−6.814***
(2.189)(1.844)
Electricity2.376***0.0377**
(1.689)(1.722)
Urbanization−4.74−2.03
(1.38)(1.54)
FDI6.86***9.71***
(9.927)(8.067)
Inflation−3.098**−4.976*
(4.948)(4.573)
Corruption−4.55−2.55
(1.460)(1.88)
Constant1.113***5.401***
(1.104)(1.009)
Observations1,1011,117
R-squared0.4370.393
Number countries7879
Fisher185***16.14***

Note(s): Standard errors in parentheses ***p < 0.01, **p < 0.05, *p < 0.1 C3: The total assets held by the three largest banks in countries. FDI: foreign direct Investments

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