Table 6

Estimation results of the impact of targeted microcredit on MdRP and its dimensions

Variable(1)(2)(3)(4)(5)(6)
RepovIncome inequalityOpportunity inequalityAbility inequalitySubjective relative deprivation
micro−0.0485***−0.0216*−0.0137*−0.0196***0.0006−0.0030
(−3.7563)(−1.9116)(−1.6888)(−2.6491)(0.0773)(−0.2514)
age 0.0020***0.0007**0.0009***0.0010***0.0004
 (4.1456)(2.2924)(3.3177)(3.3591)(1.1475)
gender 0.0368**0.0089−0.00630.0285***0.0171
 (2.5130)(0.8027)(−0.7332)(2.9147)(1.1331)
marri 0.0138−0.00480.00220.00840.0078
 (1.3617)(−0.7069)(0.4330)(1.6522)(0.7822)
edu −0.0193***−0.0030***−0.0034***−0.0100***−0.0081***
 (−12.4062)−2.6216(−4.5575)(−10.4030)(−5.6143)
distance −0.0007**0.0001−0.0003−0.0003−0.0003
 −2.4317)(0.1841)(−1.0012)(−1.3233)−1.3104)
out_labor 0.00610.0095***−0.00150.0049*−0.0112***
 (1.4272)(2.9390)(−0.6891)(1.9718)−2.8607)
per_land −0.0016−0.0062***−0.00190.0005−0.0037
 (−0.5355)(−3.0793)−1.4076)(0.2734)(−1.3171)
YearYesYesYesYesYesYes
VillageYesYesYesYesYesYes
Constant0.3160***0.2828***0.02440.1706***0.0867***0.1305***
(104.2274)(8.2597)(0.9001)(9.5885)(3.8897)(4.4324)
Observations1,2221,2221,2221,2221,2221,222
Within R-squared0.16660.36720.01430.24780.28990.2004

Note(s): ***, ** and * denote significance at 1, 5 and 10% confidence levels, respectively. Figures in brackets are z-values

Source(s): Authors' own work

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