IZA Journal of Labor & Development

Table 5 Heterogeneity analysis: network size

From: Court-ship, kinship and business: a study on the interaction between the formal and the informal institutions and its effect on entrepreneurship

	(1)	(2)
	Large Network	Small Network
IN*FC	-1.040***	-0.643**
	(0.376)	(0.317)
Informal Network(IN)	0.528**	0.314*
	(0.218)	(0.166)
Formal Court(FC)	0.135*	0.105
	(0.078)	(0.069)
Formal Loan Availability	-0.029	-0.138
	(0.091)	(0.102)
Loan Amount	0.001*	0.001**
	(0.000)	(0.000)
Caste Association	0.052**	0.158*
	(0.024)	(0.092)
Hindu	-0.041*	-0.045*
	(0.024)	(0.025)
High Caste	0.057	-0.008
	(0.042)	(0.037)
Education	0.129***	0.127***
	(0.032)	(0.029)
Constant	0.164***	0.176***
	(0.056)	(0.051)
Observations	2,323	2,211
R-squared	0.017	0.016

Source: IHDS 2004–2005, own calculations.
Notes: Linear probability models. Standard errors in parentheses, adjusted for clustering at village level.
^***significant at 1%; **significant at 5%; *significant at 10%.

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