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. Author manuscript; available in PMC: 2018 Aug 1.
Published in final edited form as: Econ Educ Rev. 2017 Jun 30;59:63–80. doi: 10.1016/j.econedurev.2017.06.002

Table 9.

Analysis of education expenditure measures as the mechanism (M) for SCTP impacts (T) on schooling outcomes (Y)

(1)
Education Expenditures (MWK)
(2)
Any education expenditures
Control mean 473.1 (722.1 SD) 70.6 %

T on M
Treatment effect (DD) 345.61*** (66.05) 0.13*** (0.03)
Wild boot p-value 0.000 0.000

Observations 12,599 12,722

T on Y plus M Enrollment (original effect: 0.12***)
Treatment effect (DD) 0.04** (0.02) 0.01 (0.01)
Wild boot p-value 0.001 0.366

Mediator 0.02*** (0.00) 0.82*** (0.02)
Wild boot p-value 0.000 0.000

Observations 12,172 12,172

Dropout (original effect: −0.04***)
Treatment effect (DD) −0.02 (0.01) −0.02 (0.01)
Wild boot p-value 0.010 0.112

Mediator −0.01*** (0.00) −0.54*** (0.03)
Wild boot p-value 0.000 0.000

Observations 8,829 8,865

Notes: Robust standard errors in parentheses clustered at the VC level.

***

p<0.01,

**

p<0.05,

*

p<0.1.

Wild bootstrap p-values are given independently for DD effect and the mediator effect (H0=0). Baseline values for the mediators are included in each regression to control for confounding between the mediator and treatment. Individual controls: age, age squared, male, baseline morbidity past 2 weeks, and baseline orphan status / Household controls (all defined at baseline): household head (female, age, ever attended school, chronic illness, married), log per capita expenditure, household size, total age group categories (0–5, 6–11, 12–17, 65+) and dummies for Traditional Authority residence