|Health Issue In-<br>dex (GHQ)<br>Family index<br>(6)<br>(7)<br>-0.0260<br>0.174***<br>(0.070)<br>(0.065)<br>804<br>804<br>0.0950<br>0.182<br>3.200<br>6.740<br>Yes<br>Yes<br>-0.0200<br>0<br>7.041<br>0.00800|0.0540<br>0.0410<br>(0.081)<br>(0.085)<br>744<br>743<br>0.114<br>0.120<br>4.280<br>4.620<br>Yes<br>Yes<br>-0.0500<br>-0.0300<br>8.864<br>0.00300<br>0.719<br>1.903<br>0.397<br>0.168<br>ple of the same age in the village, standard-<br>heory with a two parameter logistic model,<br> dependent variable is the score from 1 to 5<br>ed. In column (6), the dependent variable is<br>f the standardized dependent variables from<br>dividual-level socio-economic variables from<br>ble for the merit scholarships (Treatment=1,<br> parentheses (clustered at the school level).<br>individuals regressions being jointly equal to<br>cient of the merit sample and the coefcient|
|---|---|
|Quality of Life<br>(5)<br>0.0410<br>(0.058)<br>814<br>0.0970<br>2.450<br>Yes<br>0|0.0250<br>(0.073)<br>753<br>0.0920<br>4.110<br>Yes<br>0.0200<br>0.0400<br>0.841<br> as compared to peo<br>ng Item Response T<br> In column (4), the <br>question, standardiz<br>rix-weighted mean o<br>line poverty score, in<br>ents who were eligi<br>tandard errors are in<br>r the coefcients of <br> testing for the coef|
|Quality of Health<br>(4)<br>0.129**<br>(0.058)<br>814<br>0.104<br>3.760<br>Yes<br>-0.0200|F<br>0.0620<br>(0.078)<br>753<br>0.0730<br>4.180<br>Yes<br>0.0300<br>0.621<br>0.431<br>n an economic ladder <br>nership computed usi<br>uestion, standardized. <br> to 5 on a life quality <br>nverse covariance mat<br>seline test score, base<br>nel A includes respond<br> otherwise). Robust s<br> is a result of testing fo<br>e below) is a result of|
|Life Satisfaction<br>(3)<br>0.0570<br>(0.067)<br>814<br>0.111<br>2.740<br>Yes<br>-0.0300|0.0380<br>(0.071)<br>752<br>0.104<br>2.450<br>Yes<br>-0.0300<br>0.0480<br>0.827<br> score from 1 to 10 o<br>ed based on asset ow<br> a life satisfaction q<br> is the score from 1 <br>amily index is the i<br>trict fxed efects, ba<br>ured at baseline. Pa<br>ip (Treatment=1, 0 <br>ding p-value below) <br>orresponding p-valu|
|D<br>SES Ladder (vil-<br>lage)<br>SES Index (IRT)<br>(1)<br>(2)<br>**Panel A. Merit**<br>Treatment<br>0.173**<br>0.186**<br>(0.068)<br>(0.073)<br>Observations<br>814<br>814<br>R-squared<br>0.122<br>0.275<br>F-statistic<br>3.880<br>13.06<br>Covariates<br>Yes<br>Yes<br>Control mean<br>0.0100<br>0.0200<br>Joint signifcance: Ho: all coef. =0<br>Chi-square<br>p-value|**Panel B. Poverty**<br>Treatment<br>0.208***<br>-0.0640<br>(0.073)<br>(0.084)<br>Observations<br>753<br>753<br>R-squared<br>0.120<br>0.177<br>F-statistic<br>7.400<br>4.950<br>Covariates<br>Yes<br>Yes<br>Control mean<br>-0.0900<br>-0.0800<br>Joint signifcance: Ho: all coef. =0<br>Chi-square<br>p-value<br>**Joint test: Poverty vs. Merit**<br>Chi-square<br>0.179<br>6.899<br>p-value<br>0.673<br>0.00900<br>Notes: Estimated treatment efects. The dependent variable in column (1) is the <br>ized. In column (2), the dependent variables is a socio-economic index construct<br>standardized. In column (3), the dependent variable is the score from 1 to 10 on<br>on a health quality question, standardized. In column (5), the dependent variable<br>the standardized score on the General Health Questionnaire. In column (7), the f<br>all the previous columns following Anderson (2008). All regressions control for dis<br>baseline, 6 school-level (EMIS) variables and 5 census village-level variables, meas<br>0 otherwise) and Panel B respondents who were eligible for the poverty scholarsh<br>*** p<0.01, ** p<0.05, * p<0.1. The joint signifcance Chi-square (and correspon<br>0, using seemingly unrelated estimation. The poverty vs. merit Chi-square (and c<br>of the poverty sample being equal.<br>36|