Table 5.

Second-stage estimates of physical health (PCS-12)

	OLS	OLS 2	OLS 3	FE	IV-FE
ln per capita expenditure	0.171* (0.078)	0.023 (0.080)	0.018 (0.084)	0.061 (0.114)	−0.575 (0.683)
Sex		2.249** (0.329)	2.368** (0.346)
Age		0.015 (0.082)	−0.042 (0.090)
(Age/10) squared		−0.147 (0.097)	−0.108 (0.102)
Primary schooling		0.841* (0.393)	0.853* (0.394)
Secondary schooling		1.325* (0.585)	1.412* (0.592)
Married			−0.966+ (0.577)	−3.287** (1.111)	−3.583** (1.199)
Children ever born			0.122+ (0.062)	0.166 (0.131)	0.167 (0.136)
Year 2008			−0.111 (0.259)	−0.463+ (0.278)	0.062 (0.619)
Constant	51.36** (0.521)	52.86** (1.757)	54.63** (1.953)	54.25** (1.484)
N	2360	2360	2360	2360	2360
KP LM Underid					17.69**
KP Wald F-test					10.34**
Sargan p					0.203

Notes: Robust standard errors in parentheses. Per capita expenditures adjusted for inflation and economies of scale.

⁺p<0.1,

^*p<0.05,

^**p<0.01