Firm Size | −0.084*** | 0.920*** | −0.021*** |
| (0.029) | (0.026) | (0.007) |
Obstacle to finance | 0.017 | 1.017 | 0.004 |
| (0.013) | (0.013) | (0.003) |
MMs11 | 0.286*** | 1.331*** | 0.071*** |
| (0.051) | (0.068) | (0.013) |
% Foreign ownership | 0.003*** | 1.003*** | 0.001*** |
| (0.001) | (0.001) | (0.000) |
% Government ownsh. | −0.007*** | 0.993*** | −0.002*** |
| (0.002) | (0.002) | (0.001) |
Firms Location | 0.003*** | 1.003*** | 0.001*** |
| (0.000) | (0.000) | (0.000) |
Firms Location Size |
|
|
|
Firms Industry | 0.002** | 1.002** | 0.000** |
| (0.001) | (0.001) | (0.000) |
_cons | −2.020*** | 0.133*** |
|
| (0.172) | (0.023) |
|
Obs. | 15525 | 15525 |
|
McFadden’s R2 | 0.105 |
|
|
Count R2 | 0.667 |
|
|
P-value chi 2 | 0.2843 |
|
|