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Table 2 Descriptive statistics of main variables and logit model.

From: Impact of informal institutions on youth agribusiness participation in Southern Benin

 

Mean (standard deviation)

Difference: column (3)–(2)

Propensity score estimation: logit model

 

Full sample

Treated

Control

 

(1)

(2)

(3)

(4)

(5)

Outcome variable

Participation in the agribusiness sector (1 = yes)

0.338

(0.021)

0.545

(0.031)

0.110

(0.020)

0.435***

(0.038)

 

Covariates

Age (Continuous)

26.644

(0.213)

29.79

(0.290)

26.47

(0.314)

0.321

(0.427)

 − 0.025

(0.029)

Gender (1 = male)

0.652

(0.021)

0.709

(0.028)

0.590

(0.032)

0.118***

(0.039)

0.625**

(0.256)

Marital status (1 = married)

0.546

(0.022)

0.561

(0.031)

0.528

(0.033)

0.033

(0.045)

 − 0.088

(0.263)

Location (1 = urban)

0.753

(0.019)

0.709

(0.028)

0.801

(0.026)

 − 0.092***

(0.045)

 − 0.631**

(0.272)

Education (ordinal)

3.684

(0.072)

3.478

(0.099)

3.911

(0.103)

 − 0.433***

(0.143)

 − 0.230***

(0.078)

Father’s educational level (ordinal)

2.351

(0.068)

2.260

(0.095)

2.450

(0.098)

 − 0.190*

(0.136)

 − 0.018

(0.083)

Father’s income (interval)

3.175

(0.058)

3.171

(0.077)

3.179

(0.087)

 − 0.008

(0.116)

0.141

(0.110)

Income (interval)

2.541

(0.042)

2.617

(0.056)

2.458

(0.064)

0.159**

(0.085)

0.316**

(0.131)

Formal institutions (1 = good judiciary system)

0.427

(0.023)

0.497

(0.033)

0.348

(0.033)

0.149***

(0.047)

0.608***

(0.222)

  1. *, **, and *** indicate significance at 10%, 5%, and 1% levels, respectively; standard errors are reported in the parentheses