Table 3 Analysis of mediation and interaction effects.
(5) OLS | (6) OLS | (7) OLS | (8) OLS | (9) 2SLS | (10) 2SLS | (11) 2SLS | (12) 2SLS | |
|---|---|---|---|---|---|---|---|---|
Machine_Rent | Machine_Value | Rent_Out | Rent_Out | Machine_Rent | Machine_Value | Rent_Out | Rent_Out | |
Remittances | 0.016*** | 0.012** | 0.001** | 0.001** | 0.102** | 0.065 | 0.024*** | 0.020*** |
(0.005) | (0.006) | (0.001) | (0.001) | (0.048) | (0.055) | (0.006) | (0.006) | |
Machine_Rent | –0.011*** | –0.011*** | –0.025*** | –0.028*** | ||||
(0.001) | (0.001) | (0.005) | (0.005) | |||||
Machine_Value | –0.002** | –0.002*** | –0.010** | –0.012** | ||||
(0.001) | (0.001) | (0.005) | (0.005) | |||||
Interactive items | 0.001*** | 0.005*** | ||||||
(0.001) | (0.002) | |||||||
Control variables | Control | Control | Control | Control | Control | Control | Control | Control |
Constant | 1.002*** | 2.708*** | 0.270*** | 0.270*** | – | – | – | – |
(0.251) | (0.306) | (0.030) | (0.030) | – | – | – | – | |
Observations | 24,527 | 24,527 | 24,527 | 24,527 | 24,527 | 24,527 | 24,527 | 24527 |
R-squared | 0.619 | 0.663 | 0.615 | 0.615 | – | – | – | – |
F/SW F value of remittances | – | – | – | – | 169.28 | 169.28 | 154.21 | 153.55 |
F/SW F value of Machine_Rent | – | – | – | – | – | – | 359.42 | 359.28 |
F/SW F value of Machine_Value | – | – | – | – | – | – | 338.81 | 335.63 |
F/SW F value of interactive items | – | – | – | – | – | – | – | 267.67 |
