**Table 24. Second Stage Regressions Aggregate Consumption**

||**Log**<br>|**Log**<br>|**Log**<br>|<br>**Log**<br>|<br>**Log**<br>|<br>**Log**<br>|
|---|---|---|---|---|---|---|
||**Consumption**<br>**Expenditure**|**Consumption**<br>**Expenditure**|**Consumption**<br>**Expenditure**|<br>**Consumption**<br>**Expenditure**|<br>**Consumption**<br>**Expenditure**|<br> <br>**Consumption**<br>**Expenditure**|
||<br>**OLS**|<br>**2SLS**|<br>**OLS**|<br>**2SLS**|<br>**OLS**|<br> <br>**2SLS**|
|Violent Shock|0.033<br>(0.026)<br>|-0.316*<br>(0.161)<br>|0.030<br>(0.026)<br>|-0.318*<br>(0.163)<br>|0.026<br>(0.026)<br>|-0.264*<br>(0.147)<br>|
|Rl Dii Pi Id|0.000|0.027*|0.000|0.027*|0.003|0.027*|
|ura strct rce nex|(0.007)<br>|(0.016)<br>|(0.007)<br>|(0.016)<br>|(0.008)<br>|(0.015)<br>|
|Lik I Sh f Tl Aill I|-0.020|-0.058|-0.016|-0.053|-0.007|-0.036|
|vestoc ncome as are o ota grcutura ncome|(0.030)|(0.038)|(0.030)|(0.037)|(0.030)|(0.036)|
|_Dummy_Participation in Goverment Program Familias in Acción (1|-0.102***|-0.097***|-0.100***|-0.094***|-0.099***|-0.093***|
|if has acces to the program; 0 otherwise)|(0.025)|(0.026)|(0.025)|(0.027)|(0.024)|(0.024)|
|_D_Wlth Id itil 2|0.115***|0.124***|0.109***|0.118***|0.104***|0.110***|
|_ummy_ea nex Qune|(0.027)|(0.030)|(0.027)|(0.029)|(0.029)|(0.030)|
|_Dummy_Wealth Index Quintile 3|0.187***<br>(0.029)|0.199***<br>(0.033)|0.180***<br>(0.029)|0.191***<br>(0.032)|0.186***<br>(0.031)|0.195***<br>(0.033)|
||0262***|0278***|0257***|0273***|0248***|0261***|
|_Dummy_Wealth Index Quintile 4|.<br>(0.028)|.<br>(0.031)|.<br>(0.028)|.<br>(0.031)|.<br>(0.030)|.<br>(0.032)|
|_Dummy_Wealth Index Quintile 5|0.424***<br>(0035)|0.444***<br>(0037)|0.417***<br>(0035)|0.436***<br>(0037)|0.413***<br>(0037)|0.429***<br>(0038)|
|Ae|.<br>-0.002|.<br>-0.001|.<br>-0.005|.<br>-0.004|.<br>-0.007|.<br>-0.006|
|g|(0.005)|(0.005)|(0.006)|(0.006)|(0.006)|(0.006)|
|Age Squared|0.000<br>|0.000<br>|0.000<br>|0.000<br>|0.000<br>|0.000<br>|
||(0.000)<br>0.064***|(0.000)<br>0.068***|(0.000)<br>0.064***|(0.000)<br>0.068***|(0.000)<br>0.068***|(0.000)<br>0.070***|
|Education (years)|(0.009)<br>|(0.010)<br>|(0.009)<br>|(0.010)<br>|(0.009)<br>|(0.010)<br>|
||0.004*|0.003|0.003|0.003|0.003|0.002|
|Size of the Housholds Farm in Ha.|(0.002)|(0.002)|(0.002)|(0.002)|(0.002)|(0.002)|
|_Dummy_Female Household Head (1 female head of household , 0|-0.068***|-0.079***|-0.018|-0.023|-0.029|-0.037|
|otherwise)|(0.026)<br>|(0.027)<br>|(0.033)<br>|(0.032)<br>|(0.034)<br>|(0.032)<br>|
|Nb f hild d 5 f|-0.126***|-0.124***|-0.129***|-0.126***|-0.128***|-0.127***|
|umer o cren uner years o age|(0.017)<br>|(0.017)<br>|(0.017)<br>|(0.017)<br>|(0.018)<br>|(0.018)<br>|
||-0.131***|-0.131***|-0.133***|-0.133***|-0.130***|-0.131***|
|Number of children between 5 and 18 years of age|(0.008)|(0.008)|(0.008)|(0.008)|(0.008)|(0.008)|
||-0.076***|-0.072***|-0.073***|-0.070***|-0.072***|-0.070***|
|Number of members 65 or older|(0.018)|(0.019)|(0.018)|(0.019)|(0.019)|(0.019)|
|Number of members of extended family|-0.038***|-0.039***|-0.036***|-0.037***|-0.039***|-0.040***|
||(0.008)|(0.008)|(0.008)|(0.008)|(0.009)|(0.009)|
||||0.170**|0.164**|0.160**|0.152*|
|% of time working inside the household farm (Female)|||(0.069)|(0.077)|(0.071)|(0.078)|
|% of time workin inside the household farm (Male)|||0.202***|0.231***|0.184***|0.205***|
|g|||(0.062)|(0.065)|(0.061)|(0.064)|
|% of time working in other farms (Female)|||0.021|0.063|-0.006|0.048|
||||(0.084)|(0.086)|(0.086)|(0.092)|
|% f i ki i h f Ml|||0.145**|0.152**|0.140**|0.146**|
|o tme worng n oter arms (ae)|||||||
||||(0.060)|(0.062)|(0.060)|(0.062)|
|Daily Wage|||||0.000|-0.000|
||||||(0.000)|(0.000)|
|Dummy Production Problems due to Land Quality (1 Problems in|||||-0.027|-0.052|
|the Rural District, 0 otherwise)|||||(0.027)|(0.035)|
|Plot Size at Household Creation (stadandarized by region)|||||0.016|0.018|
||||||(0.013)|(0.013)|
|Constant|2.568**|-0.917|2.555**|-0.908|2.190**|-0.822|
||(1.024)|(2.129)|(1.013)|(2.140)|(1.040)|(2.002)|
|Observations|3,513|3,513|3,513|3,513|3,344|3,344|
|R-squared|0.328|0.256|0.333|0.262|0.334|0.285|
|Hansen P -Value||0.926||0.927||0.743|
|Estimated effect of a standard deviation increase in probability of<br>violent shock (in percent)||-7.78||-7.83||-6.50|
|Average Consumptio per capita|1,519,000|1,519,000|1,519,000|1,519,000|1,519,000|1,519,000|
|SD Consumptioper capita<br>|956,400|956,400|956,400|956,400|956,400|956,400|
|Cluster by community<br>*** p<0.01, ** p<0.05, * p<0.1|||||||

Source: CLS-WILL: first wave – household questionnaire.

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