Table 4 Generalised Poisson estimates of...

Table 4

Generalised Poisson estimates of the financial inclusion intensity

Variable	GLSS7		GLSS6
Variable	Coefficient	ME	Coefficient	ME
Socioeconomic characteristics
Age of household head	−0.001^*	−0.001^*	0.002^*	0.001^*
Age of household head	(0.000)	(0.000)	(0.001)	(0.001)
Male head	0.011	0.012	0.058	0.043
Male head	(0.014)	(0.015)	(0.037)	(0.027)
Household size	0.012^***	0.013^***	0.018^***	0.013^***
Household size	(0.003)	(0.003)	(0.005)	(0.004)
Married household head	0.032^**	0.034^**	0.140^***	0.103^***
Married household head	(0.015)	(0.016)	(0.036)	(0.027)
Number of years spent in school	0.039^***	0.042^***	0.090^***	0.066^***
Number of years spent in school	(0.001)	(0.001)	(0.003)	(0.002)
Employed in agriculture	−0.199^***	−0.215^***	−0.307^***	−0.226^***
Employed in agriculture	(0.019)	(0.020)	(0.036)	(0.026)
Self-employed	0.084^***	0.091^***	−0.177^***	−0.131^***
Self-employed	(0.015)	(0.016)	(0.035)	(0.026)
Multiple job engagement	0.104^***	0.112^***	0.102^***	0.076^***
Multiple job engagement	(0.016)	(0.017)	(0.028)	(0.021)
Receipt of remittance	0.049^**	0.053^**	0.103^***	0.076^***
Receipt of remittance	(0.024)	(0.026)	(0.027)	(0.020)
Ownership of enterprise	0.086^***	0.092^***	0.203^***	0.150^***
Ownership of enterprise	(0.015)	(0.016)	(0.029)	(0.021)
Geographic and community-specific characteristics
Head in rural locality	−0.131^***	−0.141^***	−0.068	−0.050
Head in rural locality	(0.013)	(0.014)	(0.044)	(0.032)
Community has motorable road	0.097^**	0.104^**	0.113^**	0.084^**
Community has motorable road	(0.044)	(0.048)	(0.050)	(0.037)
Community has public transport	0.030^*	0.033^*	0.227^***	0.167^***
Community has public transport	(0.016)	(0.017)	(0.036)	(0.027)
Community has post office	−0.065^***	−0.071^***	−0.081	−0.060
Community has post office	(0.017)	(0.018)	(0.055)	(0.040)
Community has phone network	−0.012	−0.013	−0.207^***	−0.153^***
Community has phone network	(0.017)	(0.018)	(0.034)	(0.025)
Community has bank	0.069^***	0.075^***	0.301^***	0.222^***
Community has bank	(0.015)	(0.016)	(0.041)	(0.030)
Community has periodic market	0.107^***	0.116^***	0.138^***	0.102^***
Community has periodic market	(0.023)	(0.025)	(0.037)	(0.027)
Mem. in FBO and cooperatives	1.040^***	0.121^***	0.143^***	0.106^***
Mem. in FBO and cooperatives	(0.012)	(0.012)	(0.037)	(0.027)
No. of times crops grown/season	0.028^**	0.030^**	0.089^***	0.066^***
No. of times crops grown/season	(0.014)	(0.015)	(0.028)	(0.021)
Constant	−0.609^***		−1.153^***
Constant	(0.054)		(0.091)
Observations	14,009		9,244
Wald chi-square	12052.89^***		3657.19^***
Log pseudo likelihood	−16044.875		−9777.014
Delta	−0.182^***		0.103^***
Delta	(0.007)		(0.006)
LR test of delta	612.02^***		180.82^***

Variable	GLSS7		GLSS6
Variable	Coefficient	ME	Coefficient	ME
Socioeconomic characteristics
Age of household head	−0.001^*	−0.001^*	0.002^*	0.001^*
Age of household head	(0.000)	(0.000)	(0.001)	(0.001)
Male head	0.011	0.012	0.058	0.043
Male head	(0.014)	(0.015)	(0.037)	(0.027)
Household size	0.012^***	0.013^***	0.018^***	0.013^***
Household size	(0.003)	(0.003)	(0.005)	(0.004)
Married household head	0.032^**	0.034^**	0.140^***	0.103^***
Married household head	(0.015)	(0.016)	(0.036)	(0.027)
Number of years spent in school	0.039^***	0.042^***	0.090^***	0.066^***
Number of years spent in school	(0.001)	(0.001)	(0.003)	(0.002)
Employed in agriculture	−0.199^***	−0.215^***	−0.307^***	−0.226^***
Employed in agriculture	(0.019)	(0.020)	(0.036)	(0.026)
Self-employed	0.084^***	0.091^***	−0.177^***	−0.131^***
Self-employed	(0.015)	(0.016)	(0.035)	(0.026)
Multiple job engagement	0.104^***	0.112^***	0.102^***	0.076^***
Multiple job engagement	(0.016)	(0.017)	(0.028)	(0.021)
Receipt of remittance	0.049^**	0.053^**	0.103^***	0.076^***
Receipt of remittance	(0.024)	(0.026)	(0.027)	(0.020)
Ownership of enterprise	0.086^***	0.092^***	0.203^***	0.150^***
Ownership of enterprise	(0.015)	(0.016)	(0.029)	(0.021)
Geographic and community-specific characteristics
Head in rural locality	−0.131^***	−0.141^***	−0.068	−0.050
Head in rural locality	(0.013)	(0.014)	(0.044)	(0.032)
Community has motorable road	0.097^**	0.104^**	0.113^**	0.084^**
Community has motorable road	(0.044)	(0.048)	(0.050)	(0.037)
Community has public transport	0.030^*	0.033^*	0.227^***	0.167^***
Community has public transport	(0.016)	(0.017)	(0.036)	(0.027)
Community has post office	−0.065^***	−0.071^***	−0.081	−0.060
Community has post office	(0.017)	(0.018)	(0.055)	(0.040)
Community has phone network	−0.012	−0.013	−0.207^***	−0.153^***
Community has phone network	(0.017)	(0.018)	(0.034)	(0.025)
Community has bank	0.069^***	0.075^***	0.301^***	0.222^***
Community has bank	(0.015)	(0.016)	(0.041)	(0.030)
Community has periodic market	0.107^***	0.116^***	0.138^***	0.102^***
Community has periodic market	(0.023)	(0.025)	(0.037)	(0.027)
Mem. in FBO and cooperatives	1.040^***	0.121^***	0.143^***	0.106^***
Mem. in FBO and cooperatives	(0.012)	(0.012)	(0.037)	(0.027)
No. of times crops grown/season	0.028^**	0.030^**	0.089^***	0.066^***
No. of times crops grown/season	(0.014)	(0.015)	(0.028)	(0.021)
Constant	−0.609^***		−1.153^***
Constant	(0.054)		(0.091)
Observations	14,009		9,244
Wald chi-square	12052.89^***		3657.19^***
Log pseudo likelihood	−16044.875		−9777.014
Delta	−0.182^***		0.103^***
Delta	(0.007)		(0.006)
LR test of delta	612.02^***		180.82^***

Note(s): Robust standard errors in parentheses; ME is marginal effect; ^*p < 0.1; ^**p < 0.05; ^***p < 0.01

Source(s): Own elaboration

[ViewLarge]

Sharing Unavailable