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Table 2 Probit regressions: entrepreneurial trial

From: Religious diversity and entrepreneurship in transition: lessons for policymakers

 

(1)

(2)

(3)

 

margins_b/margins_se

margins_b/margins_se

margins_b/margins_se

Diversity

0.08***

0.06***

0.05**

 

(0.02)

(0.02)

(0.02)

Male

 

0.06***

0.06***

  

(0.01)

(0.01)

Age

 

0.00***

0.00***

  

(0.00)

(0.00)

A g e 2

 

–

–

Muslim

 

-0.01

-0.02

  

(0.02)

(0.02)

Christian

 

0.01

0.01

  

(0.01)

(0.01)

Risk Score

 

0.02***

0.02***

  

(0.00)

(0.00)

Secondary Education

 

0.06***

0.06***

  

(0.01)

(0.01)

College Education

 

0.09***

0.09***

  

(0.02)

(0.02)

Father’s Education

 

0.00***

0.00***

  

(0.00)

(0.00)

Member Communist Party

 

0.03***

0.03***

  

(0.01)

(0.01)

Urban

 

-0.00

0.00

  

(0.01)

(0.01)

Locality Avg. Wealth

  

-0.01***

   

(0.01)

Locality Avg. Trust

  

-0.01***

   

(0.00)

Locality Avg. Corruption

  

0.00

   

(0.01)

Geography Controls

  

✓

Country F.E.

✓

✓

✓

Obs.

32,302

22,779

21,725

Pseudo R 2

0.02

0.11

0.11

  1. Notes. The table presents average marginal effects obtained from probit regressions. The dependent variable is whether the individual ever tried to set up a business. Robust standard errors in parentheses are clustered at the country level. The Geography Controls not listed in the table are: Locality Population, Locality Latitude, Locality Longitude, Locality Altitude, Locality Distance to Mine, Locality Distance to Capital, Locality Distance to Border, Locality on Water.
  2. *p < 0.10, **p < 0.05, ***p < 0.01. Checkmarks indicate that the respective control is included in the regressions.