Change in headcount ratio models results


	Dependent variable: Change in headcount ratio per year

	Model 1	Model 2	Model 3	Model 4	Model 5

Initial poverty centrality		-0.006^***	-0.005^***	-0.005^***	-0.005^***
		(0.001)	(0.002)	(0.002)	(0.002)
Initial censored headcount ratio			-0.008^*		-0.009^**
			(0.005)		(0.004)
Initial headcount ratios of all other indicators				0.008^*	-0.001
				(0.005)	(0.001)

Observations	637	637	637	637	637
R²	0.371	0.407	0.429	0.429	0.429
Adjusted R²	0.287	0.326	0.350	0.350	0.350
Residual Std. Error	0.001 (df=561)	0.001 (df=560)	0.001 (df=559)	0.001 (df=559)	0.001 (df=559)
F Statistic	4.877^*** (df=75; 561)	5.968^*** (df=76; 560)	6.296^*** (df=77; 559)	6.296^*** (df=77; 559)	13.068^*** (df=77; 559)

Note:	^p<0.1; ^p<0.05; ^**p<0.01
First-stage F-statistic		569.264	411.903	411.903	411.903