Exact(5)
In all four specifications, I control for county fixed effects, year fixed effects, county demographics, and county-specific time trend.
The results reported in Table 6 show that the alternative measure of the strength of guerrillas is significant across all four specifications.
The estimated correlation coefficients in all four specifications are significant indicating that both observed and unobserved factors are influencing the decision to adopt.
The insignificance of the correlation coefficient between adoption equation and non-adopters' yield function in all four specifications indicates that adopters and non-adopters obtain the same mean yield of paddy using local varieties, given their observed characteristics.
Observe first, that for all four specifications, the returns to required schooling and years of overeducation and the penalties to years of undereducation are lower than in the wage regressions of Table 10.
Similar(3)
This pattern is quite consistent across all three specifications.
Again, in all five specifications, the effects of windfall gains are not statistically significant and are close to zero.
In all five specifications, not only is the coefficient of large windfall gains the most negative, but it is also statistically significant in all cases.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com