Table A1.
Mean difference by rural and urban households
| Variable | Rural | Urban | Difference |
|---|---|---|---|
| Fi (Financial inclusion) | 0.069 (0.005) | 0.176 (0.010) | 0.107*** (0.009) |
| Financial inclusion score | 0.151 (0.003) | 0.293 (0.006) | 0.142*** (0.007) |
| Bank account | 0.266 (0.007) | 0.624 (0.012) | 0.357*** (0.014) |
| Loan from formal institution | 0.173 (0.006) | 0.188 (0.010) | 0.015 (0.012) |
| Formal insurance | 0.014 (0.002) | 0.067 (0.006) | 0.052*** (0.005) |
| Household size | 6.026 (0.060) | 5.029 (0.079) | −0.997*** (0.103) |
| Male head household | 0.815 (0.006) | 0.753*** (0.011) | −0.062*** (0.012) |
| Household head married | 0.764 (0.007) | 0.695 (0.012) | −0.069*** (0.013) |
| Age of household head | 52.832 (0.262) | 52.830 (0.381) | −0.002 (0.464) |
| Head is literate | 0.796 (0.007) | 0.930 (0.006) | 0.134*** (0.011) |
| Household head employed | 0.821 (0.006) | 0.808 (0.010) | −0.013 (0.012) |
| Log. dist. nearest financial inst. (m) | 9.015 (0.020) | 7.006 (0.033) | −2.009*** (0.037) |
| Log. dist. nearest road (km) | 1.627 (0.018) | 0.878 (0.019) | −0.749*** (0.030) |
| Log. population density | 5.617 (0.029) | 7.908 (0.047) | 2.290*** (0.054) |
| Average annual rainfall | 1190.165 (7.845) | 1264.989 (9.488) | 74.824*** (13.197) |
| Total value of assets | 94327.81 (7459.617) | 323267.7 (74103.29) | 228939.9*** (51711.11) |
| Household income | 18927.89 (4836.486) | 44220.92 (5172.403) | 25293.03*** (7919.83) |
| CES-D-dummy | 0.301 (0.008) | 0.256 (0.011) | −0.045*** (0.014) |
| CES-D-score | 7.352 (0.095) | 6.636 (0.134) | −0.716*** (0.166) |
*, **, and *** indicate significance at 10%, 5%, and 1%, respectively.