Table 3 The impact of homeownership on employment.

From: Does homeownership impair employment? Evidence from migrant data in transitional China

 

(1)probit

(2) probit

(3)probit

(4)biprobit(2014)

(5)biprobit(2017)

 

(2014)

(2014)

(2014)

First stage

Second stage

First stage

Second stage

homeownership

−0.0480***

(0.0050)

−0.0483***

(0.0051)

−0.0432***

(0.0037)

 

−0.0660**

(0.0333)

 

−0.1504***

(0.0246)

Rent public house

 

−0.0331

(0.0225)

     

Male = 1

0.1691***

(0.0050)

0.1691***

(0.0050)

0.1690***

(0.0050)

−0.0541***

(0.0040)

0.1612***

(0.0045)

−0.0394***

(0.0045)

0.1771***

(0.0062)

Age

0.0030***

(0.0002)

0.0030***

(0.0003)

0.0030***

(0.0003)

0.0035**

(0.0015)

0.0032***

(0.0003)

0.0034***

(0.0005)

-0.0032***

(0.0004)

Health

     

−0.0061

(0.0040)

0.0750***

(0.0027)

College and above

0.0661***

(0.0035)

0.0661***

(0.0035)

0.0655***

(0.0035)

0.7388***

(0.0828)

0.0881***

(0.0084)

0.2457***

(0.0126)

0.0810***

(0.0088)

Middle school

0.0378***

(0.0039)

0.0378***

(0.0040)

0.0372***

(0.0040)

0.1480***

(0.0453)

0.0378***

(0.0039)

0.0772***

(0.0067)

0.0128**

(0.0056)

Urban Hukou

−0.0062

(0.0039)

−0.0062

(0.0039)

−0.0068*

(0.0038)

0.3913***

(0.0453)

−0.0042

(0.0062)

0.0477***

(0.0089)

0.0138***

(0.0052)

Familysize

     

0.0442***

(0.0030)

−0.0171***

(0.0021)

Married

0.0126**

(0.0058)

0.0126**

(0.0058)

0.0130**

(0.0058)

0.3994***

(0.0305)

0.0146**

(0.0062)

0.0828***

(0.0089)

0.0299***

(0.0054)

Land

     

0.0121***

(0.0054)

0.0303***

(0.0035)

Residenceland

     

−0.0980***

(0.0054)

0.0215***

(0.0037)

Inter- provincial

0.0242***

(0.0049)

0.0242***

(0.0049)

0.0239***

(0.0049)

−0.4369***

(0.0316)

0.0232***

(0.0062)

−0.1128***

(0.0083)

0.0075

(0.0076)

Inter-prefectural

0.0103***

(0.0049)

0.0104***

(0.0049)

0.0108***

(0.0049)

−0.1258***

(0.0266)

0.0103*

(0.0055)

−0.0454***

(0.0062)

−0.0012

(0.0060)

Migration

experience

−0.0008**

(0.0004)

−0.0008**

(0.0004)

−0.0007*

(0.0004)

0.0557***

(0.0018)

−0.0005

(0.0005)

0.0060***

(0.0003)

0.0040***

(0.0003)

Large city

0.0409***

(0.0111)

0.0409***

(0.0111)

0.0360***

(0.0112)

−0.0082

(0.0434)

0.0445***

(0.0140)

0.0004

(0.0062)

−0.0015

(0.0135)

Medium city

0.0159**

(0.0073)

0.0157**

(0.0073)

0.0108**

(0.0077)

−0.0026

(0.0208)

0.0147**

(0.0076)

0.0010

(0.0047)

−0.0174**

(0.0083)

Homeownership rate

  

−0.0633

(0.0436)

3.0705***

(0.1543)

 

0.7769***

(0.0149)

 

Migrationprovince

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Hukou province

     

Yes

Yes

Pseudo R2

0.1201

0.1202

0.1206

    

Observations

162666

162666

162549

162549

162549

143239

143239

  1. Marginal effects are reported. Standard errors are reported in parentheses and clustered at city level. *, ** and *** indicate that the coefficient is significant at 10, 5 and 1 percent levels, respectively.