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Table 10 Adjusted regressions (PSM), social remittances and the state in a reduced sample of heavy financial remittance recipients

From: Financial remittances, trans-border conversations, and the state

  Create jobs Ensure well-being Reduce inequality
  OLS PSM OLS PSM OLS PSM
  (1) (2) (3) (4) (5) (6)
Remittances −0.012 −0.112 −0.009 −0.034 0.025 0.019
  (0.028) (0.133) (0.030) (0.135) (0.029) (0.125)
Family abroad 0.086*** 0.377*** 0.079*** 0.302** 0.066*** 0.184
  (0.022) (0.130) (0.023) (0.126) (0.023) (0.124)
Gov’t efficacy 0.013** 0.054 0.028*** 0.070** 0.019*** 0.086**
  (0.006) (0.037) (0.006) (0.035) (0.006) (0.035)
Political interest −0.017* −0.017 −0.048*** −0.060 −0.046*** 0.012
  (0.009) (0.059) (0.010) (0.060) (0.010) (0.052)
Intercept 5.837*** 6.017*** 5.123*** 5.396*** 5.751*** 5.455***
  (0.085) (0.563) (0.090) (0.499) (0.088) (0.517)
Observations 31,788 2,685 31,674 2,678 31,618 2,679
R 2 0.037 0.049 0.032 0.038 0.029 0.058
Sociodemographic controls Yes Yes Yes Yes Yes Yes
Country fixed effects Yes Yes Yes Yes Yes Yes
Year fixed effects Yes Yes Yes Yes Yes Yes
  1. Countries included: El Salvador, Dominican Republic, Nicaragua, Paraguay, Guatemala, Ecuador, Bolivia, Peru, Mexico, Colombia
  2. Sociodemographic controls are age, age^2, gender, education, marital status, employment status, race, socioeconomic status
  3. Robust standard errors in parentheses ***p < 0.01, **p < 0.05, *p < 0.1