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The Palestinian Economy. Theoretical and Practical Challenges

The Palestinian Economy. Theoretical and Practical Challenges

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Proceedings “<strong>The</strong> <strong>Palestinian</strong> <strong>Economy</strong>: <strong>The</strong>oretical <strong>and</strong> <strong>Practical</strong> <strong>Challenges</strong>” 335<br />

Table 6: Two stage biprobit regression results (1)<br />

Regional <strong>and</strong> district level variables<br />

Note: ***, **, * st<strong>and</strong> for significant at 1%, 5% <strong>and</strong> 10% level, respectively. <strong>The</strong> first stage weighted OLS regression<br />

for (1) <strong>and</strong> (2) includes a constant <strong>and</strong> year fixed effects. <strong>The</strong> first stage for (3) <strong>and</strong> (4) includes a constant, year <strong>and</strong><br />

district fixed effects. Robust st<strong>and</strong>ard errors are in parenthesis. <strong>The</strong> second stage biprobit model (see equations 1, 2 <strong>and</strong><br />

3) includes all the controls in column (3) Table 5. Bootstrap st<strong>and</strong>ard errors (200 replications) in parenthesis.

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