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. 2023 Mar 27;209:533–546. doi: 10.1016/j.jebo.2023.03.017

Table 1.

OLS and 2SLS-IV estimates.


First-stage
OLS
IV-2SLS
Second stage
Variables Contract COVID-19 Return to city Return to city
(1) (2) (3)
No. of unique sources of info on COVID-19 0.00674
(0.0275)
No. of unique prevention strategies identified −0.113⁎⁎
(0.0519)
Migrant (5–10 months) −0.125⁎⁎ 0.213⁎⁎ 0.459⁎⁎
(0.0531) (0.0863) (0.178)
Migrant (> 10 months) −0.250⁎⁎⁎ 0.251⁎⁎⁎ 0.0189
(0.0664) (0.0945) (0.225)
(Predicted) Chance of contracting COVID-19 −0.0219 −1.659⁎⁎⁎
(0.0773) (0.519)
Interaction terms
(Predicted) COVID-19 Chance X Migrant (5 −10 months) −0.185* −0.929⁎⁎⁎
(0.0970) (0.226)
(Predicted) COVID-19 Chance X Migrant (> 10 months) −0.130 −0.542*
(0.121) (0.303)
Behavioural factors
Subjective well-being −0.0286⁎⁎ 0.0240* −0.0443⁎⁎
(0.0132) (0.0138) (0.0214)
Risk aversion −0.0293 −0.0982 −0.119*
(0.0815) (0.0643) (0.0661)
Impatience 0.0945* 0.0840* 0.238⁎⁎⁎
(0.0549) (0.0484) (0.0690)
Loss aversion −0.137⁎⁎ 0.0916* −0.232⁎⁎⁎
(0.0635) (0.0488) (0.0879)
Socio-demographic factors
Social capital index −0.170* 0.0734 −0.284⁎⁎⁎
(0.0879) (0.0671) (0.0985)
Years of education −0.00108 −0.0149 −0.0235*
(0.0159) (0.0139) (0.0130)
Religion (base: Hindu) −0.110* 0.00203 −0.205⁎⁎⁎
(0.0639) (0.0497) (0.0755)
Married −0.0537 −0.102⁎⁎ −0.227⁎⁎⁎
(0.0503) (0.0464) (0.0506)
Dependents 0.0818⁎⁎⁎ −0.0710⁎⁎ 0.101⁎⁎
(0.0243) (0.0286) (0.0473)
Land owned 0.0301⁎⁎ −0.0393⁎⁎⁎ 0.0289
(0.0138) (0.0116) (0.0187)
Standardized monthly income 0.0248 0.0294 0.0802⁎⁎⁎
(0.0284) (0.0212) (0.0242)
Amount of loan taken (INR) 1 × 10−7 −7 × 10−7⁎⁎⁎ −1 × 10−7
(6 × 10−7) (2 × 10−7) (2 × 10−7)
Own bank account 0.103 −0.0867 0.189⁎⁎
(0.0711) (0.0688) (0.0942)
Constant 0.758⁎⁎⁎ 0.437⁎⁎ 1.658⁎⁎⁎
(0.174) (0.173) (0.431)
Observations 418 418 418
R-squared 0.187 0.215 0.291
Hausman Specification Test 21.01⁎⁎⁎
Anderson-Rubin likelihood ratio test 1.23
First-stage F-stat / Sanderson-Windmeijer test 2.55*
Kleibergen-Paap rk LM statistic for under identification 5.80*
Weak identification Cragg-Donald Wald F-stat 3.02*
Hansen J-statistic for overidentification 1.45
Weak instruments robust inference tests
Anderson-Rubin Wald F-stat 17.34⁎⁎⁎
Stock-Wright LM S statistic 38.08⁎⁎⁎
Conditional LR test 32.11⁎⁎⁎
LM K test statistic 4.44⁎⁎
Anderson-Rubin chi-square test statistic 33.05⁎⁎⁎
⁎⁎⁎

p<0.01.

⁎⁎

p<0.05.

p<0.1

Note: Results from OLS and two-stage least squares regressions (linear probability models) reported. All estimations include state fixed effects. Robust standard errors in parentheses.