(1)

(2)

(3)

VARIABLES

OLS

Logit

Probit

Gender

0.1217

−0.0441

−0.1254

(0.177)

(0.483)

(0.266)

Age

−0.5584***

−0.9879***

−0.4794***

(0.103)

(0.246)

(0.132)

Education

−0.448**

−2.7488***

−1.3698***

(0.146)

(0.508)

(0.245)

Experience

−0.1019

0.2653

0.0404

(0.257)

(0.602)

(0.328)

Training

0.098

1.5129***

0.7060***

(0.171)

(0.466)

(0.243)

Location

0.2212

0.8609*

0.4160

(0.234)

(0.518)

(0.291)

Startup capital

−0.5043**

−0.9909**

−0.5842***

(0.145)

(0.397)

(0.211)

Access to transportation

0.771***

1.7317***

0.8635***

(0.177)

(0.463)

(0.241)

Access to market

1.0247***

2.1978***

1.2425***

(0.201)

(0.555)

(0.296)

Access to credit facility

0.2082

−0.2113

−0.0675

(0.193)

(0.427)

(0.240)

Power supply

0.3022

0.9108**

0.4039*

(0.172)

(0.425)

(0.232)

Social network

−0.841***

−2.8790***

−1.5043***

(0.202)

(0.540)

(0.283)

Constant

3.3592***

10.3227***

5.4162***

(0.411)

(1.589)

(0.788)

Observations

348

348

348

R²

0.416

0.5889

0.5745