Table 3 Estimation results (total consumption) with HH fixed effects
Variables | Full sample | NBH | BH | NBH | BH |
|---|---|---|---|---|---|
(i) Income shock * month dummy | |||||
May | − 0.275 (0.185) | − 0.198 (0.236) | − 0.363** (0.160) | − 0.237 (0.350) | − 0.361** (0.158) |
June | − 0.193 (0.139) | − 0.142 (0.200) | − 0.450*** (0.118) | − 0.022 (0.254) | − 0.459*** (0.119) |
July | − 0.193 (0.152) | − 0.130 (0.198) | − 0.334*** (0.087) | − 0.001 (0.209) | − 0.340*** (0.072) |
August | − 0.037 (0.134) | 0.066–0.142 | − 0.321*** (0.106) | 0.104 (0.181) | − 0.333*** (0.097) |
September | − 0.143 (0.185) | − 0.020 (0.272) | − 0.399** (0.183) | − 0.184 (0.313) | − 0.404** (0.172) |
October | − 0.062 (0.131) | 0.016 (0.176) | − 0.232 (0.151) | 0.035 (0.244) | − 0.237 (0.159) |
November | − 0.277* (0.153) | − 0.152 (0.150) | − 0.840 (0.492) | − 0.142 (0.202) | − 0.806* (0.459) |
December | − 0.189 (0.179) | − 0.072 (0.245) | − 0.180 (0.121) | − 0.172 (0.283) | − 0.200 (0.126) |
January | − 0.046 (0.174) | 0.008 (0.277) | − 0.096 (0.105) | 0.074 (0.345) | − 0.100 (0.113) |
February | − 0.071 (0.144) | − 0.023 (0.207) | − 0.271* (0.144) | − 0.134 (0.281) | − 0.393*** (0.093) |
March | − 0.056 (0.119) | 0.028 (0.180) | − 0.418*** (0.116) | 0.057 (0.243) | − 0.529*** (0.145) |
April | − 0.272 (0.182) | − 0.016 (0.233) | − 1.483 (0.869) | − 0.149 (0.303) | − 1.367* (0.793) |
(ii) Income shock * month dummy * cattle | |||||
May | 0.010 (0.034) | 0.004 (0.105) | |||
June | − 0.035 (0.027) | 0.035 (0.165) | |||
July | − 0.032* (0.018) | − 0.051 (0.171) | |||
August | − 0.010 (0.023) | 0.098 (0.156) | |||
September | 0.043 (0.027) | 0.050 (0.121) | |||
October | − 0.006 (0.023) | 0.050 (0.135) | |||
November | − 0.003 (0.023) | − 0.011 (0.153) | |||
December | 0.027 (0.022) | 0.093 (0.098) | |||
January | − 0.019 (0.030) | 0.053 (0.112) | |||
February | 0.030 (0.026) | 0.277*** (0.096) | |||
March | − 0.009 (0.025) | 0.242** (0.107) | |||
April | 0.033 (0.025) | − 0.131 (0.189) | |||
Fixed effect | |||||
Period * village | Yes | Yes | Yes | Yes | Yes |
Household | Yes | Yes | Yes | Yes | Yes |
Period * Household | No | No | No | No | No |
(i) F-statistics | F(12,46) | F(12,43) | F(12,20) | F(12,43) | F(12,20) |
(Income Shock * Month Dummy) | 0.84 | 0.84 | 21.42 | 0.54 | 17.45 |
p value | 0.6079 | 0.6092 | 0.0000 | 0.8746 | 0.0000 |
(ii) F-statistics | F(12,43) | F(12,20) | |||
(Income shock * month dummy * cattle) | 3.58 | 19.53 | |||
p value | 0.0010 | 0.0000 | |||
Observations | 6813 | 5132 | 1681 | 5132 | 1681 |
R-squared | 0.178 | 0.203 | 0.182 | 0.204 | 0.187 |