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Burgess & Pande (2003) Credit and Microfinance Fraction Congress Center-state Land Public food legislators alignment reform distribution Health and education Other development (1) (2) (3) (4) (5) (6) Number of bank branches in 1961 -0.01 -0.04* 0.005 35.62 -0.0004 0.002 per capita *(1961-2000) trend (0.01) (0.02) (0.05) (71.37) (0.0013) (0.001) Number of bank branches in 1961 0.005 0.04 -0.09 45.54 -0.001 -0.0001 per capita*(1977-2000) trend (0.02) (0.03) (0.04) (77.42) (0.0016) (0.0030) Number of bank branches in 1961 -0.004 0.08 0.08* -20.04 0.0002 -0.001 per capita*(1990-2000) trend (0.017) (0.04) (0.04) (217.92) (0.0019) ( 0.005) Post-1976 dummy* (1977-2000) 0.14 0.3 -0.85** -530.33 -0.01 -0.002 trend (0.24) (0.27) (0.29) (1029.74) (0.01) (0.01) Post-1989 dummy*(1990-2000) 0.23** -0.10 -0.54*** 464.14 -0.004 0.01 trend (0.10) (0.34) (0.19) (292.69) (0.01) (0.01) State and year dummies YES YES YES YES YES YES Other controls YES YES YES YES YES YES Adjusted R-squared 0.56 0.59 0.73 0.79 0.72 0.7 F-test 1 0.16 0.01 3.82 0.41 5.32 1.61 [0.69] [0.91] [0.06] [0.53] [0.03] [0.22] F-test 2 0.33 2.95 0.01 0.16 1.34 0.16 [0.57] [0.10] [0.91] [0.69] [0.26] [0.69] Number observations 634 539 636 522 613 613 land reform acts (1961-2000); public food distribution is per capita food grains (in tonnes) distributed via public food distribution system (1961-1993). Health and education spending is as share of government spending (1961-1999). Other development activities includes all other development expenditures excluding health and education. * indicates significance at 10%, ** significance at 5% and *** significance at 1%.
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