| |
Coefficient |
Marginal effect |
OLS |
Heckman |
| Log income |
0.082
(5.07)*** |
0.0251 |
24.098
(0.59) |
79.662
(2.11)** |
| Dependents |
-0.060
(-2.41)** |
-0.018 |
-73.118
(-1.04) |
-118.142
(-2.15)** |
| Age |
0.003
(1.72)* |
0.008 |
10.945
(2.74)*** |
12.412
(3.08)*** |
| Urban |
0.378
(7.47)*** |
0.116 |
79.356
(1.41) |
314.837
(2.06)** |
| Bargaining power |
2.325
(7.34)*** |
0.715 |
677.655
(1.49) |
2265.262
(2.27)** |
| Sqr of Bargaining power |
-2.852
(-5.30)*** |
-0.877 |
-421.269
(-0.70) |
-2301.16
(-1.80)* |
| Male |
0.341
(1.79)* |
0.103 |
264.826
(2.68)*** |
582.409
(1.16) |
| Household size |
0.056
(1.86)*** |
0.017 |
31.976
(0.69) |
77.129
(1.65)* |
Religion
(Base= No religion) |
|
|
|
|
| Christian |
0.353
(4.63)*** |
0.106 |
-274.132
(-0.66) |
-55.637
(-0.25) |
| Muslim |
0.181
(1.85)* |
0.052 |
-374.432
(-0.98) |
-300.667
(-1.28) |
| Traditional |
-0.014
(-0.12) |
-0.004 |
-270.095
(-0.65) |
316.19
(-1.16) |
| Region |
|
Base=
Greater Accra |
Base=
Upper West |
Base=
Upper West |
| Western |
0.080
(0.87) |
0.024 |
365.100
(1.73)* |
520.988
(1.66)* |
| Central |
0.117
(1.14) |
0.036 |
250.013
(1.25) |
367.81
(1.12) |
| Greater Accra |
- |
- |
265.008
(1.39) |
270.041
(0.89) |
| Volta |
-0.003
(-0.03) |
-0.001 |
85.217
(0.78) |
194.548
(0.60) |
| Eastern |
0.215
(2.34)** |
0.067 |
88.937
(0.92) |
320.985
(1.00) |
| Ashanti |
0.302
(2.74)*** |
0.096 |
350.251
(3.22)*** |
642.831
(2.03)** |
| Brong Ahafo |
0.360
(4.02)*** |
0.096 |
177.313
(1.92)* |
513.932
(1.52) |
| Northern |
-0.196
(-1.86)* |
-0.055 |
214.568
(1.99)* |
200.333
(0.59) |
| Upper East |
-0.055
(-0.48) |
-0.016 |
289.773
(3.12)*** |
399.275
(1.15) |
| Upper west |
0.002
(0.02) |
-0.001 |
- |
- |
| constant |
-2.383
(-8.84)*** |
|
-676.891
(-1.83)* |
-3195.72
(-2.4)** |
| N |
4222 |
|
1220 |
4138 |
| Pseudo R2 |
0.1147 |
|
|
|
| R2 |
|
|
0.0251 |
|
| lambda |
|
|
|
933.232
(2.27)** |
| rho |
|
|
|
0.548 |
| sigma |
|
|
|
1702.65 |
| t statistics in parentheses |
|
|
|
|
|
*p<0.10 **p<0.05 ***p<0.01
Source: Computed from GLSS-5, 2005/2006 |
| Table 2: Effect of women’s bargaining power on savings account ownership and amount saved.3> |