Model

Growth PRE-CRISIS

Growth CRISIS

Standardized coefficients

T-statistic

Standardized coefficients

T-statistic

EO

0.165**

4.794

0.204**

6.754

KZ score

0.095*

2.555

0.03

0.906

Interaction EOKZ

−0.13

−0.313

−0.071*

−1.922

Size

0.083

2.68

0.094**

3.504

Country

0.059

2.614

0.06**

2.634

Model summary

R-Square

Adjusted R-Square

R-Square

Adjusted R-Square

0.31

0.28

0.033

0.03

ANOVA

F

F

12.025**

12.756

Sign. level: 1% (**); 5% (*)