Table 8. The Body-mass Endowment in 1981-2 and Log Wages in 2001-2: Males Aged 0-17 in 1981-2.
Dependent variable: Log daily wage in 2002 (tk.) | ||||||
---|---|---|---|---|---|---|
| ||||||
Estimation procedure | GLS | GLLAM | GLS | GLS | GLLAM | GLLAM-IV |
Schooling (2002) | - | - | .0261 (2.27) | .0277 (2.41) | .0311 (3.01) | .0432 (2.18) |
Endowment (1982) | .252 (1.21) | .327 (2.16) | - | .303 (1.46) | .370 (2.49) | .387 (2.39) |
Age | .100 (2.30) | .106 (2.73) | .0750 (1.90) | .0994 (2.33) | .103 (2.66) | .100 (2.57) |
Age squared | −.00517 (2.08) | −.00536 (2.34) | −.00356 (1.61) | −.00510 (2.08) | −.00527 (2.30) | −.00518 (2.26) |
Household owned land (1982) | .000404 (2.03) | .000412 (2.51) | - | - | - | - |
No land owned (1982) | .0528 (0.44) | .0607 (0.68) | - | - | - | - |
Average household endowment of others (1982) | −.115 (0.27) | −.147 (0.45) | - | - | - | - |
ρ | - | .838 | - | - | .838 | .838 |
N | 225 | 225 | 225 | 225 | 225 | 225 |
Source: NSRB 1981-2/2001-2 panel. Absolute values of asymptotic t-ratios corrected for clustering within households in parentheses in columns 2-6. Bootstrapped t-values in column 7. All specifications include village fixed effects. Instruments for the IV estimates include household owned land, no owned land and the average household endowment of other household members.