Table 3

Estimates of Intergenerational Correlations for different values of correlation of disturbances in bivariate probit models

 NepalVietnam
Correlation of disturbancesDaughter’s Sample Mother in Nonfarm (nm)Son’s Sample Father in Nonfarm (nf)Daughter’s Sample Mother in Nonfarm (nm)Son’s Sample Father in Nonfarm (nf)Daughter’s Sample Father in Nonfarm (nf)Son’s Sample Mother in Nonfarm (nm)
ρ = 00.348 (6.80)***0.193 (5.01)***0.256 (8.34)**0.19 (6.89)***0.153 (5.97)***0.212 (6.45)***
ρ = 0.10.27 (5.60)***0.123 (3.19)***0.186 (6.25)***0.124 (4.64)***0.091 (3.67)***0.141 (4.41)***
ρ = 0.20.196 (4.40)***0.051 (1.35)0.117 (4.13)***0.059 (2.30)**0.032(1.34)0.071 (2.35)**
ρ = 0.30.129 (3.18)***−0.021 (0.57)0.052 (1.92)*−0.002 (0.08)−0.024 (1.06)0.006 (0.21)
ρ = 0.40.069 (1.92)*−0.093 (2.59)***−0.01 (0.41)−0.059 (2.60)**−0.076 (3.59)***−0.055 (2.06)**
ρ = 0.50.018 (0.56)−0.162 (4.79)***−0.067 (2.95)***−0.112 (5.33)***−0.124 (6.33)***−0.109 (4.53)***
N1,5782,2042,6982,6022,982,602
  • Note: Entries are marginal effect evaluated at sample mean. Standard errors are corrected for intracluster correlations due to clustered sampling, t-values are in parentheses.

  • a Regressors include age, age squared, dummy for married, unearned income, three ethnicity dummies, father and mother’s education level, share of nonfarm employment by age cohort, and an index of village fixed effect.

  • b Regressors include age, age squared, dummy for married, unearned income, two religion dummies, father and mother’s education level, share of nonfarm employment by age cohort, and an index of village fixed effect.

  • * Significant at 10 percent;

  • ** significant at 5 percent;

  • *** significant at 1 percent