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A Systems View Across Time and Space

Table 3 Probit regression model for the estimation of the propensity score

From: Financial inclusion also leads to social inclusion—myth or reality? Evidences from self-help groups led microfinance of Assam

Dependent Variable: SHG participation Dummy (1 = participant; 0 = non-participant)

Iteration 0: log likelihood = − 521.07279

Iteration 1: log likelihood = − 375.25153

Iteration 2: log likelihood = − 374.48786

Iteration 3: log likelihood = − 374.48758

Iteration 4: log likelihood = − 374.48758

Probit regression

Log likelihood = − 374.48758

Number of observation = 775

LR chi2 (7) = 293.17

Prob > chi2 = 0.0000

Pseudo R2 = 0.3813

Variables

Definition

Coefficient

S. E.

Z-statistics

p >|z

Age

Measured in complete years

0.027

0.009

3.02***

0.003

Education

Total schooling in completed years

0.011

0.015

0.75

0.452

Agricultural land holding (In Bigha)

Size of the operational land holding in Bigha

− 0.119

0.034

− 3.48***

0.00

Cast

Cast of the sampled household Dummy, if SC/ST = 1, 0 otherwise

5.042

0.460

10.95***

0.00

Religion

Dummy, if Hindu = 1, 0 otherwise

− 0.032

0.170

− 0.19

0.852

Distance from Bank (in Km)

Distance of the bank measured in km

− 0.088

0.028

− 3.19***

0.001

Consumption expenditure

Monthly household consumption expenditures measured in Rs

0.002

0.000

13.78***

0.00

Constant

− 0.091

0.168

− 0.55

0.585

  1. Source: Authors’ own calculation based on primary data
  2. ***Significant at 1% level. **Significant at 5% level. *Significant at 10% level