File2-page131 - B u r g e s s & P a n d e ( 2 3...

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Unformatted text preview: B u r g e s s & P a n d e ( 2 3 ) C r e d i t a n d M i c r o fi n a n c e Rural Urban Aggregate Agricultural Factory (1) (2) (3) (4) (5) Number of bank branches in 1961-0.77***-0.27-0.71***-0.003 0.01 per capita *(1961-2000) trend (0.23) (0.24) (0.22) (0.006) (0.02) Number of bank branches in 1961 1.15** 0.15 0.99***-0.01*-0.01 per capita*(1977-2000) trend (0.42) (0.26) (0.33) (0.008) (0.02) Number of bank branches in 1961-1.15***-0.31-1.04*** 0.04**-0.02 per capita*(1990-2000) trend (0.34) (0.38) (0.31) (0.02) (0.01) Post-1976 dummy* (1977-2000) trend-3.77*-2.76-3.53** 0.08* 0.04 (1.94) (2.29) (1.71) (0.04) (0.05) Post-1989 dummy*(1990-2000) trend 1.2 0.5 0.62-0.04 0.01 (2.39) (0.96) (1.82) (0.05) (0.02) State and year dummies YES YES YES YES YES Other controls YES YES YES YES YES Adjusted R-squared 0.84 0.91 0.88 0.9 0.72 F-test 1 1.5 0.37 1.76 23.95 0.23 [0.24] [0.55] [0.20] [0] [0.63] F-test 2 2.97 3.95 4.15 1.88 6.07 [0.10] [0.06] [0.05] [0.19] [0.02] Number observations 627 627 627...
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