Religious diversity and entrepreneurship in transition: lessons for policymakers

IZA Journal of European Labor Studies

Table 4 OLS regressions: interactions

	(1)	(2)	(3)	(4)	(5)	(6)
	Trial	Startup	Trial	Startup	Trial	Startup
	b/se	b/se	b/se	b/se	b/se	b/se
Diversity	0.105***	0.156*	0.0527*	0.0551	0.0108	0.0392
	(2.84)	(1.80)	(2.03)	(0.88)	(0.37)	(0.49)
Friends	0.0154	0.0153
	(1.60)	(0.51)
Friends X Diversity	-0.0610**	-0.118*
	(-2.13)	(-1.83)
Weak Ties			-0.0181	-0.0727
			(-0.78)	(-0.46)
Weak Ties X Diversity			0.308***	0.301
			(3.21)	(0.99)
Internal					-0.0168*	0.0140
					(-2.03)	(0.44)
Internal X Diversity					0.0580**	0.0170
					(2.35)	(0.21)
Individual Controls	✓	✓	✓	✓	✓	✓
Locality Controls	✓	✓	✓	✓	✓	✓
Country Fixed Effects	✓	✓	✓	✓	✓	✓
Obs.	21,725	3,046	21,725	3,046	20,615	2,921
Pseudo R ²

Notes. The table presents coefficients obtained from OLS regressions. The dependent variables are whether the individual ever tried to set up a business and whether he managed to set it up (conditional on trial). Robust standard errors in parentheses are clustered at the country level. The Individual Controls and Locality Controls not listed in the table are all of the control variables included in Tables 2 and 3. Checkmarks indicate that the respective control is included in the regressions. *p < 0.10, **p < 0.05, ***p < 0.01.