Table 3 Probit regressions: entrepreneurial startup
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 | 0.11** | 0.05 | 0.06 |
(0.06) | (0.06) | (0.06) | |
Male | -0.01 | -0.01 | |
(0.02) | (0.01) | ||
Age | 0.00 | 0.00 | |
(0.00) | (0.00) | ||
A g e 2 | – | – | |
Muslim | -0.03 | -0.03 | |
(0.04) | (0.05) | ||
Christian | 0.01 | 0.02 | |
(0.03) | (0.03) | ||
Risk Score | 0.02*** | 0.02*** | |
(0.01) | (0.01) | ||
Secondary Education | 0.03 | 0.04 | |
(0.04) | (0.04) | ||
College Education | 0.07 | 0.06 | |
(0.04) | (0.05) | ||
Father’s Education | 0.00 | 0.00 | |
(0.00) | (0.00) | ||
Member Communist Party | -0.02 | -0.02 | |
(0.02) | (0.02) | ||
Urban | -0.01 | -0.01 | |
(0.02) | (0.02) | ||
Loan Accepted | 0.14*** | 0.14*** | |
(0.02) | (0.02) | ||
Loan Rejected | -0.34*** | -0.33*** | |
(0.04) | (0.04) | ||
Locality Avg. Wealth | 0.01 | ||
(0.01) | |||
Locality Avg. Trust | 0.01 | ||
(0.02) | |||
Locality Avg. Corruption | -0.01 | ||
(0.02) | |||
Geography Controls | ✓ | ||
Country F.E. | ✓ | ✓ | ✓ |
Obs. | 4,106 | 3,172 | 3,046 |
Pseudo R 2 | 0.07 | 0.16 | 0.16 |