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Table 6. Logistic Regression Models Predicting whether Remittances were Spent on BusinessModel 1 Model 2 Model 3 Model 4Independent Variables b SE b SE b SE b SESocio-Demographic CharacteristicsAge 0.017 0.030 0.106 * 0.044 0.004 0.041 0.029 0.035Married 0.023 0.553 -1.712 † 0.901 -0.259 0.682 -0.341 0.673Years <strong>of</strong> schooling 0.090 0.083 0.016 0.123 0.062 0.105 0.065 0.101Household CharacteristicsDependency ratio -0.369 1.214 1.710 1.699 0.282 1.498 0.440 1.433Homeownership -0.762 0.549 -1.178 0.840 -0.590 0.770 -1.119 † 0.656Migration-Economic CharacteristicsDuration <strong>of</strong> stay overseas 0.039 0.057 0.096 0.097 0.043 0.071 0.029 0.067Emigration cost -0.005 0.013 0.020 0.024 -0.016 0.016 0.002 0.016Village Economic ContextProportion <strong>of</strong> females in industry -9.131 9.799Village InfrastructureDistance to national highway 0.028 0.033Bank <strong>of</strong> China branch -0.299 0.639Village Agrarian ContextAgrarian population density 0.073 * 0.036Proportion <strong>of</strong> agrarian land -3.253 1.997Intercept -4.407 * 1.539 -6.885 ** 2.455 -3.690 † 1.995 -4.040 * 1.943Number <strong>of</strong> emigrants 1,330 581 848 841† p < 0.10; * p < 0.05; ** p < 0.01299

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