Variables | FE | RE | MI |
Crowdfunding in West and Central Africa | |||
Internet | 0.3905*** | 0.3399*** | 0.3560*** |
(0.000) | (0.000) | (0.000) | |
Mobile phone | 0.3533* | 0.2425 | 0.2733* |
(0.019) | (0.059) | (0.037) | |
Education | −0.07633 | 0.04195 | −0.3158 |
(0.533) | (0.709) | (0.956) | |
Financial system | −0.6293** | −0.2343 | −0.3158* |
(0.004) | (0.096) | (0.040) | |
Constant | 0.2429 | −0.6602 | −0.4905 |
(0.747) | (0.230) | (0.403) | |
rho | 0.7037 | 0.4508 | rho |
LR test | 68.57 | ||
(0.000) | |||
F test | 41.51 | ||
(0.000) | |||
Wald | 140.34 | 158.65 | |
(0.000) | (0.000) | ||
N | 177 | 177 | 177 |