| | |
Dependent variable: ENTYP
|
|---|
|
Variables
|
Model 1
|
Model 2
|
Model 3
|
Model 4
|
|---|
|
Finance
|
|
CAPSHOR
|
−0.116*** (0.013)
|
−0.059*** (0.014)
|
−0.054*** (0.014)
|
−0.038*** (0.015)
|
|
Firm capabilities
|
|
LINKAGE
| |
0.237*** (0.015)
|
0.112*** (0.016)
|
0.057*** (0.017)
|
|
ASSISTANCE
| |
0.365*** (0.080)
|
0.460*** (0.081)
|
0.550*** (0.082)
|
|
ACMAINT
| |
1.466*** (0.021)
|
1.352*** (0.022)
|
1.296*** (0.023)
|
|
REGIS
| |
2.227*** (0.014)
|
1.972*** (0.014)
|
1.860*** (0.015)
|
|
Locational variables
|
|
LOCATION
| | |
0.882*** (0.013)
|
0.751*** (0.014)
|
|
URBAN
| | |
0.219*** (0.014)
|
0.109*** (0.016)
|
|
TRANSPORT
| | |
0.215*** (0.018)
|
0.143* (0.019)
|
|
DISTANCE
| | |
−0.001*** (0.000)
|
−0.0004*** (0.000)
|
|
Infrastructure and human capital variables
|
|
ELEC
| | | |
0.620*** (0.015)
|
|
SHSCSTPOP
| | | |
0.039 (0.067)
|
|
PRIMEDU
| | | |
−1.771*** (0.119)
|
|
MIDGRADEDU
| | | |
1.062*** (0.084)
|
|
ROADVILLG
| | | |
1.147*** (0.038)
|
|
Other control variables
|
|
STATUS
| | |
0.474*** (0.014)
|
0.519*** (0.014)
|
|
Industry dummy
|
Y
|
Y
|
Y
|
Y
|
|
Year dummy
|
Y
|
Y
|
Y
|
Y
|
|
N
|
294,733
|
294,733
|
294,733
|
281,603
|
|
Pseudo R2
|
0.06
|
0.19
|
0.21
|
0.22
|
|
Log likelihood
|
−136,052.18
|
−117,687.89
|
−113,759.62
|
−103,482.87
|
|
Chi-squared
|
17,606.59
|
54,335.17
|
62,191.71
|
58,371.55
|
|
Prob > chi-squared
|
0.0000
|
0.0000
|
0.0000
|
0.0000
|
- Source: same as in Table 1
-
aSampling weights have been applied for estimation, which implies a population of about 49.1 million observations (all survey rounds together)
-
bFigures in parentheses are robust standard errors. (i) ***indicate significance at minimum 1 % level
-
cSee notes to Table 1 for variable definitions
